NEXTPredict Conference to Explore Prediction Market Development, Two CFTC Directors to Attend
The NEXTPredict conference will be held in New York from October 22-23, aiming to bring prediction markets to a wider audience. Two directors from the U.S. Commodity Futures Trading Commission (CFTC), David Miller and Duncan Hennes, have confirmed their attendance, along with executives from companies such as DraftKings, Robinhood, and Kalshi. Pierre Lindh, co-founder of NEXT.io, stated that prediction markets have entered mainstream media but lack services with professional journalistic standards. Polymarket has approximately 283,300 monthly active users, while Kalshi added 3 million new users during the 2026 World Cup, with event-related trading volume exceeding $1.2 billion. Analysis indicates that the proportion of cryptocurrency traders using prediction markets is rising, but profitability is becoming more difficult, with a small number of accounts capturing most of the profits. The conference will also specifically address the issue of insider trading, which Lindh described as the industry's most intractable pain point.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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