Wintermute: "Everything Can Be Traded"—Prediction Markets Will Replace the Insurance Industry by 2026

According to a report by Bijie Network: Wintermute Ventures predicts that by 2026, cryptocurrency will become the settlement layer of the internet economy, and prediction markets will replace traditional insurance by pricing specific risks that were previously untradable, such as localized wind speeds. The report highlights the shift towards a sustainable token economic model after proof of income, the necessity of stablecoin settlement infrastructure, and how regulatory transparency and privacy technologies will drive institutional adoption, while regions with clear rules will attract more capital.