Crypto World Network reported on April 19 that traditional financial giant Charles Schwab’s and Citadel Securities are both considering moving into the prediction market. Rick Wurster, CEO of Charles Schwab, said during a conference call, “I think at some point, we’re very likely to launch a prediction market.” He added that when he recently asked a group of Charles Schwab customers what they thought about prediction markets, they showed “not much interest,” but the company will “seriously explore” the space and that, “for us, offering prediction market services is also quite easy.” Meanwhile, Citadel Securities’ president said at the Semafor conference in Washington, D.C., that the firm “will absolutely keep a close eye” on developments in the prediction market.

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