Svmuu News: Backpack CEO Armani Ferrante announced on X that Backpack has officially launched its product for entering the prediction market space—the Unified Prediction Portfolio—and has begun a private beta test open only to invited users. The product employs cross-margin and cross-collateral mechanisms to consolidate spot trading, spot margin trading, lending, perpetual contracts, prediction markets, and both crypto and fiat assets into a single sub-account, addressing the issues of long-term capital lock-up and excessive opportunity costs in prediction markets. Ferrante noted that this is not a simple wrapper around existing prediction market platforms, but rather a brand-new system natively built by Backpack, supporting prediction trading, hedging, and various advanced order operations within a single margin account. The current testing phase will focus on validating the risk engine and core functionalities, with plans to gradually expand features, market scale, and user reach in the future.