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Morgan Stanley becomes strategic partner for NEXTPredict summit

The bank will participate as a strategic partner on October 22 and 23 in New York and lead a day-two panel focused on how to attract institutional capital to prediction markets.

Reported · Written up by our desk · Market Structure

Morgan Stanley is stepping into prediction markets more directly by taking a formal role at the NEXTPredict summit in New York on October 22 and 23, serving as a strategic partner.

Decrypt reports that the bank will lead a day-two panel on institutional capital, where it will address what could draw institutional money into the category as well as market structure, risk, and participation problems.

The coverage says NEXT.io co-founder Pierre Lindh called it the first bank to put its name on a public-facing initiative in the prediction markets space.

NEXTPredict is presented as an effort to examine the opportunities and roadblocks institutions see in prediction markets, with Morgan Stanley leading the discussion on those questions.

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