CEX plans to launch prediction markets in 2026 and increase investment in tokenized stock portfolios

GateUser-6433627c · 2025-12-25T01:18:54+00:00

CEX plans to launch prediction market services in 2026 and has recently acquired Backed Finance to promote the development of tokenized stocks. The company is optimistic about this, believing that the new generation of tokenized stocks has a promising outlook.

GateUser-6433627c

2025-12-25 01:18:54

Abstract generation in progress

On December 25, according to CNBC, cryptocurrency trading platform CEX plans to launch a prediction market business in 2026. In the latest CNBC Crypto World program, Mark Greenberg, Head of Global Consumer Business at CEX, revealed the company’s strategic focus for the coming year. Greenberg discussed CEX’s recent announcement of acquiring Backed Finance. Backed Finance is the issuer of xStocks, a product dedicated to tokenizing traditional assets such as stocks. This acquisition is seen as a key step for CEX to deepen its layout in tokenized equities. In addition to the acquisition progress, Greenberg also stated that CEX is preparing for the launch of the prediction market in 2026 and is optimistic about the development prospects of new tokenized stocks.

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