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NEXTPredict.io secures $3 million in coverage through a prediction market hedge, with Susquehanna as the market maker, ensuring a safety net against flight cancellations for its upcoming conference.
Jul 29, 2026•11 days ago
New YorkEventsEvent Management
Description
NEXTPredict.io has executed the first-ever use of a prediction market to hedge an investment, securing $3 million in coverage against flight cancellations for its Oct. 22-23 summit. The strategy aims to mitigate risks faced by event organizers due to unforeseen circumstances. By utilizing a prediction market, NEXTPredict is taking proactive steps to protect its financial investment in events
Company Information
Company
NEXTPredict.io
Location
New York, New York, United States
About
NEXTPredict is a premier media and conference organization that hosts the world's first global B2B prediction markets conference. With over 13 years of experience and more than 800 events, NEXTPredict aims to hedge investment risks in the events industry through innovative market strategies. The company focuses on utilizing prediction markets to manage exposure to uncertainties that can impact major live events.
Predictive Intelligence
Strategic
ML-powered predictions for NEXTPredict.io's next move
New YorkEventsEvent Management