Quarterly notional volume exceeds $194 billion in prediction markets, Simon Taylor notes

Quarterly notional volume exceeds $194 billion in prediction markets, Simon Taylor notes
Prediction markets surge to $194 billion

Prediction markets recorded their largest quarter ever, with over $194 billion of notional volume, rising 75% quarter-on-quarter.

Simon Taylor, co-founder of 11:FS, highlighted these figures from the Q3 State of Prediction Markets report by another source. Sports and parlays accounted for more than 83% of this volume. The tweet also noted continued activity in political prediction markets.

Taylor has previously commented on retail operations, noting that the use of consumer refund agents such as Muse and Instinct may raise sale costs for retailers in Q3 here. He has also covered the launch of embedded stablecoin wallets by Rain, alongside the firm's filing for a national trust bank charter and its recent acquisition of Ansa here. These recent developments contribute to his ongoing coverage of trends in digital finance and payments.

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