TechFlow, October 10 — Tom Lee, co-founder of Fundstrat and chairman of Ethereum treasury firm BitMine, said prediction markets are not just "financial entertainment" but also crucial tools for revealing the "wisdom of the crowd." Using the 2024 U.S. presidential election as an example, he noted that Polymarket accurately predicted Trump's victory, demonstrating the seriousness and practicality of such markets. Lee forecasts that when prediction markets combine with tokenized stocks and real-world assets (RWA), they will create "alchemy," making the financial system more liquid and facilitating capital raising.
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