Raphael Thuin, Head of Capital Markets Strategies at Tikehau Capital, assesses the major factors that have informed the exponential growth of the gamification of public markets, including the democratisation of access to the financial sector and the Covid pandemic and talks through the ramifications and impact that this has on the financial markets. Despite the obvious appeal of investing on the public markets as a retail investor, Raphael stresses the significant risks gamification presents and the regulatory framework he believes should come into play to protect individuals.