Cboe is rebooting its binary options for the S&P 500, going head-to-head with Polymarket
- Cboe, one of the largest derivatives exchanges in the U.S., is relaunching its binary options products based on the S&P 500 index.
- This move comes a decade after Cboe stopped offering similar products.
- Cboe is targeting the prediction market space popularized by platforms like Polymarket and Kalshi, which have become one of the fastest-growing segments on the internet.
- Binary options allow users to bet "yes" or "no" on a specific event (e.g., whether the S&P 500 will finish the day higher).
- Cboe's return highlights the increasing crossover between traditional finance and emerging prediction market models, including those in the Web3 space.
#Cboe #SP500 #BinaryOptions #Polymarket #Kalshi PredictionMarkets CryptoNews Web3 MacroEconomy
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Source: CoinDesk
- Cboe, one of the largest derivatives exchanges in the U.S., is relaunching its binary options products based on the S&P 500 index.
- This move comes a decade after Cboe stopped offering similar products.
- Cboe is targeting the prediction market space popularized by platforms like Polymarket and Kalshi, which have become one of the fastest-growing segments on the internet.
- Binary options allow users to bet "yes" or "no" on a specific event (e.g., whether the S&P 500 will finish the day higher).
- Cboe's return highlights the increasing crossover between traditional finance and emerging prediction market models, including those in the Web3 space.
#Cboe #SP500 #BinaryOptions #Polymarket #Kalshi PredictionMarkets CryptoNews Web3 MacroEconomy
$btc $eth
vlikevn Titanbot
Source: CoinDesk