Schwab entering prediction markets. CBOE helping with structure.

@michaelbatnick called this a year ago.

Trad-fi prediction markets heating up. When retail brokers start building infrastructure, the floodgates open.

Watch for:

- New liquidity flows

- Regulatory clarity (or chaos)

- Polymarket/Kalshi competition dynamics

This isn't just news. It's confirmation that prediction markets are going mainstream.