Polymarket


Policy

U.S. CFTC Gives Go-Ahead for Polymarket's New Exchange, QCX

The predictions market firm had recently acquired the CFTC-regulated platform, and now the regulator has granted it certain concessions.

Polymarket CEO Shayne Coplan at Consensus 2024 (CoinDesk).

Markets

Donald Trump Jr.'s 1789 Capital Takes Stake in Prediction Market Polymarket

Alongside, Trump Jr. will join the Polymarket advisory board.

CoinDesk

Markets

Polymarket Bettors Doubt Trump Can Topple Jerome Powell or Lisa Cook This Year

Polymarket sees Powell finishing 2025 unscathed, even as Trump’s bid to oust Lisa Cook tests the Fed’s legal shield.

President Donald Trump  (The White House)

Markets

Elon Musk’s xAI Partners With Kalshi to Bring Grok to Prediction Markets

The partnership aims to use Grok’s AI to analyze real-world events for Kalshi’s regulated prediction markets.

Elon Musk

Finance

Crypto Prediction Market Polymarket Weighs Launching Its Own Stablecoin: Source

Polymarket would create its own stablecoin to own the yield-generating USD reserves that back the amount of Circle’s dollar-pegged token, USDC, a source said.

Shayne Coplan, CEO, Polymarket, speaks at Consensus 2024. (Shutterstock/CoinDesk).

Finance

Polymarket Returning to U.S. with $112M Acquisition After Prosecutors Drop Probe

The crypto betting site is buying a licensed derivatives exchange to regain legal access to U.S. markets.

Polymarket founder and CEO Shayne Coplan at CoinDesk's Consensus 2024.

Policy

Polymarket Odds on Jerome Powell's Ouster Jumps as Congresswoman Says It's 'Imminent'

Significant legal challenges would arise from an attempt to remove Fed chair Jerome Powell, but Polymarket bettors are warming to the idea – even if it's still a longshot.

Federal Reserve Chair Jerome Powell speaks at the Brookings Institute in Washington, D.C. on Nov. 30, 2022. (Helene Braun/CoinDesk)

Policy

U.S. Prosecutors, CFTC Drop Polymarket Investigations

The FBI raided Polymarket founder Shayne Coplan's home last year.

Polymarket founder and CEO Shayne Coplan at CoinDesk's Consensus 2024.

Markets

'This Isn’t Decentralized,' Says Polymarket Power User as Zelenskyy's Suit Controversy Unfolds

In the wake of UMA’s controversial ruling on whether Volodymyr Zelenskyy wore a suit, one of Polymarket’s top traders says the dispute system is broken, and is costing the platform users.

President Volodymyr Zelensky of Urkaine