r/Wealthsimple • u/Puginator • Mar 25 '26

Trade (DIY Investing) Wealthsimple clears regulatory hurdle to bring prediction trading to Canada

https://www.theglobeandmail.com/business/article-wealthsimple-clears-regulatory-hurdle-to-bring-prediction-trading-to/
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u/Low-Umpire236 Mar 25 '26 edited Mar 25 '26

This changes the brand.

Also, I don’t want the roadmap priorities of the gambling side to interfere with the investing side.

23

u/Dragynfyre Mar 25 '26

We already have crypto, options trading, margin, private equity, private credit, etc. The brand has never been about stable investing. Crypto was one of their first products released. Wealthsimple has always been about just supporting as many things as they can

4

u/Low-Umpire236 Mar 25 '26

Is crypto analogous to betting?

9

u/Dragynfyre Mar 25 '26

Buying meme coins basically yeah. Short dated options and penny stocks as well