Morgan Stanley has joined NEXTPredict, highlighting expectations that prediction markets could attract greater institutional participation. The development comes as the sector continues to expand its profile among financial-market observers, even though most prediction-market trading remains focused on sports betting, according to Decrypt. Current valuations in the sector are based in part on the prospect of rising institutional interest. That creates a gap between present activity and the growth assumptions reflected in market pricing: sports wagers still account for the bulk of trades, while institutional adoption remains a central theme for the market’s future. Morgan Stanley’s participation places a major financial institution alongside NEXTPredict as prediction markets seek to develop a more institutional-facing profile. The report does not provide further details on the nature or terms of the relationship.
