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The Case for Prediction Markets: A Forecasting Tool Corporate Finance Can't Ignore

Shai Novik·June 16, 2026·Substack
prediction markets are replacing expert opinion across pharma, climate, and supply chains

Why It's Worth Reading

Makes the case for prediction markets as a corporate treasury and forecasting tool, backed by data on 127x volume growth from 2022 to 2025. Profiles Enlivex's use of the Rain protocol on Arbitrum as its primary reserve asset, and traces how prediction markets are displacing expert opinion in pharma, climate science, and supply chain management.

Some technical background helpful

Concepts

Platforms mentioned: Rain

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