Wall Street backs trading giant after valuation doubles

May 7, 2026 3:21 PM

Traditional wealth-building is dead. Gen Z is abandoning stocks for prediction markets, treating bets on elections and inflation as their only path to financial growth. Wall Street is fueling this by rebranding gambling as "financial infrastructure," with valuations doubling to $22 billion in months. We are witnessing the total gamification of the economy where "truth" is just another tradeable asset. Is this a legitimate evolution of finance, or are we just legalizing gambling?
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