Index futures trading on Robinhood spiked after Federal Reserve comments hinted at a potential rate cut in Q4 "Tokenization is like a freight train," he said at the TokenWorld 2049 crypto conference in Singapore on Wednesday. "It can't be stopped, and eventually it's going to eat the entire financial system." Prediction markets have surged in prominence over the past year, fueled by the growth of decentralized platforms. Built on public blockchains, these markets use smart contracts to automate trades and payouts, allowing users to speculate on outcomes ranging from elections to economic data and sports. Energy futures on Robinhood gained traction as natural gas contracts jumped 5% amid hotter-than-average temperature forecasts. This benefits utility and energy service stocks.
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