Marex Group Plc has created the first structured note tied to a prediction market outcome, paying a 7% coupon if NVIDIA Corp (NASDAQ:NVDA) remains the world’s largest company in one year.
The deal is the latest evidence of how prediction markets are shaping the financial world.
How It Works
Polymarket runs markets where traders bet on which company will be the largest by market cap at the end of each month and at the end of the year.
Nvidia is currently the dominant favorite across all of them.
But the contracts are binary. If Nvidia loses the top spot, a trader who bet on it loses everything they put in.
The Marex note works differently.
The buyer’s capital is protected regardless of the outcome. If Nvidia is still No. 1 in a year, they collect a 7% coupon. If not, they get …
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