# InfoFi: Emerging Speculation Markets Source: https://messari.io/report/infofi-emerging-speculation-markets Kiwi News: https://news.kiwistand.com/stories/InfoFi-Emerging-Speculation-Markets?index=0x68301349c218a0739e168dfb21e3d4ac83fdea979929f6acd23f76f97fcb8a028af297d4 Submitted by tim on 2025-05-23 UTC, 1 upvote, 0 comments ## Summary InfoFi, or Information Finance, is described as an emerging category of applications that creates tradable markets for speculation on non-price data points. The article says these markets also support information discovery based on the financial activity within them. Polymarket is called an InfoFi mainstay that offers a view of real-time probabilities of real-life events, and the concept of Multiverse Finance is presented as a possible next step for it. The article also names Noise, Ethos, and Narrative as applications extending InfoFi to tradable markets for mindshare, reputation, and quantitative metrics. ## Article Key Insights Information Finance (InfoFi) is an emerging category of applications that introduces tradable markets that enable financial speculation on exotic, non-price data points. These applications aren’t just a new avenue for financial speculation. InfoFi markets support information discovery based on the financial activity occurring within them. Polymarket has become an InfoFi mainstay, serving as a lens into the real-time probabilities of real-life events. The concept of Multiverse Finance could be Polymarket's next evolution. InfoFi is expanding beyond prediction markets, as applications like Noise, Ethos, and Narrative support information discovery via tradable markets for mindshare, reputation, and quantitative metrics. InfoFi can be intentional, where the desired information to be elicited can be determined preemptively before a new market is created. Emergent speculation markets may lead to unexpected information discoveries. Primer Get an edge with Blockworks Intel Upgrade For $4,500/Yr Upgrade to unlock 300+ industry leading reports from our researchers, including: