ISTK News & Analysis

Intellistake (ISTK) Gains Full Control of Gravity Amid Volume Surge

Intellistake Technologies Corp. (CSE: ISTK) has acquired full ownership of Gravity, enabling control over its prediction-market technology. This move follows the termination of an agreement with Prospect Prediction Markets. In June, prediction-market activity surged to a combined monthly volume of $44.8 billion, a 75% increase from $25.66 billion in May. Intellistake plans to address liquidity issues with Gravity's infrastructure, although no partnerships or transactions have yet been finalized. This development could potentially enhance market efficiency, appealing to investors focused on technological advancements in prediction markets.