Polymarket seeks approval for parlays

Prediction market Polymarket is proposing a new type of contract called 'combinatorial outcome contracts,' which would allow users to bet on multiple outcomes within a single market. This move aims to enhance user engagement and betting complexity. Concurrently, the U.S. Securities and Exchange Commission (SEC) is soliciting public feedback on the potential listing of exchange-traded funds (ETFs) related to prediction markets. This dual development signals growing interest and regulatory scrutiny in the burgeoning prediction market sector, potentially paving the way for broader adoption or stricter oversight.