Jake Nyquist outlines seven key areas for new prediction markets to compete effectively against incumbents. These include product quality, asset variety, capital efficiency, oracle reliability, liquidity provision, regulatory compliance, and strategic positioning. Each axis offers specific ways to attract users and gain market share.

This article outlines the operations of Wintermute Trading Ltd. and Wintermute Asia Pte. Ltd., both of which trade digital assets but are not regulated entities. It clarifies that they do not offer customer asset management or liquidity services and that communications from them do not imply any customer relationship.

Hong Kong's Securities and Futures Commission will let local crypto exchanges connect to global liquidity pools through shared order books. This change aims to improve price discovery and competitiveness for local investors while relaxing some trading history requirements for tokens and stablecoins.

This article discusses the growth of prediction markets, highlighting how smaller platforms can innovate despite the dominance of established players like Polymarket and Kalshi. It predicts that by 2025, these markets will accelerate significantly, potentially becoming a trillion-dollar industry as they evolve from niche platforms to mainstream information engines.