Cboe Wins SEC Approval to Launch Prediction Market Options on Coinbase, Nvidia, Tesla

Regulators clear a new category of event-style contracts linked to corporate performance data rather than stock price alone. The SEC has signed off on a Cboe proposal to list a new type of options contract tied to corporate performance metrics, according to reports from CryptoBriefing and Coinfomania. The contracts reference data points from Coinbase, Nvidia and Tesla, rather than tracking only the companies' stock prices. CryptoBriefing described the approval as covering prediction market options linked to metrics across all three firms.

Source: TheCoinrise