On April 4, Bloomberg reported that global financial services platform Marex Group Plc has issued the world's first bond-like note linked to prediction market outcomes. Unlike traditional binary options contracts, the specific terms of this product state that if Nvidia Corp. remains the largest company by market capitalization one year from now, investors will receive a 7% coupon; if not, the principal will be fully returned (only losing potential interest, with no risk to the entire principal). The issuance size of this note is approximately $10 million and has been sold to Swiss institutional clients, limited to regions outside the United States due to regulatory reasons. Marex can dynamically hedge risks through prediction market platforms like Kalshi. The report notes that this is the latest attempt by Wall Street institutions to 'securitize' the energy of prediction markets, providing traditional large funds with a compliant and lower-risk entry method.