Public launches AI agents for prediction markets

Public has launched AI agents for prediction markets, which it also calls event contracts. The company says these markets will focus on events that could affect portfolios, such as economic developments and company-related events, rather than sports or entertainment.

Agents can use real-time market probabilities as signals for portfolio trades, alerts or risk management. Public gave the example of an agent selling Treasury bonds if the probability of an interest-rate hike rises above 70%, while stressing that prediction-market probabilities are one signal, not the only one.