[Bernstein Report: Prediction Markets to Drive Growth for Robinhood and Coinbase] According to Bloomberg, Bernstein released a report stating that prediction markets are entering mainstream finance, becoming an investable asset class. Robinhood's prediction market transactions in the third quarter amounted to approximately $2.3 billion, reaching $2.5 billion in October; at the current scale, this equates to an annualized revenue of about $300 million. Coinbase plans to incorporate prediction markets into its 'Everything Exchange,' integrating them with crypto, tokenized stocks, and stablecoins, with an announcement expected within the year to make it a key product. The report mentions Kalshi and Polymarket driving compliance and accessibility, with regulations becoming more relaxed and institutional and retail integration accelerating.