$12T Charles Schwab To Rival Polymarket, Kalshi With Prediction Markets Launch

Brokerage firm Charles Schwab, with up to $12 trillion in customer assets, is venturing into the prediction markets industry. The firm is collaborating with derivatives exchange Cboe to launch a market that tracks the S&P 500’s performance. Ad Ad Charles Schwab To Roll Out Prediction Markets According to a WSJ report, the brokerage firm is