Polymarket

Polymarket

Finance

New York Stock Exchange Owner to Acquire $2B Stake in Polymarket

The investment could help Polymarket return to the U.S. market, after it was shut off to U.S. users in 2022 following a settlement with the CFTC.

New York Stock Exchange building  (David Vives/Unsplash/Modified by CoinDesk)

Markets

Kalshi Outpaces Polymarket in Prediction Market Volume Amid Surge in U.S. Trading

Kalshi’s weekly trading volume exceeded $500 million with an average open interest of around $189 million, surpassing Polymarket’s figures, according to Dune analytics data.

(Midjourney/CoinDesk)

Markets

Polymarket Weighs $9B Valuation Amid User Surge and CFTC Approval: The Information

That would be a massive jump as the betting platform raised funds at just a $1 billion valuation just back in June.

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

Web3

Polymarket Connects to Chainlink to Cut Tampering Risks in Price Bets

Chainlink will supply data for objective, fact-based markets. The challenge of reliably resolving more subjective bets remains.

Stock market price charts (Anne Nygård/Unsplash)

Markets

Polymarket’s Top Trader Bets on a 50bps Fed Rate Cut Next Week

The market expects a 25 basis point cut, with a 91% probability according to the CME's FedWatch Tool.

Casino, roulette table. (whekevi/Pixabay)

Finance

NFL Opener Draws $600K on Polymarket as Platform Targets $107B Sports Betting Industry

With U.S. regulatory approval in hand, the crypto prediction market is moving beyond politics to challenge the far larger opportunity in sports betting.

Polymarket takes $600K in bets on NFL season Opener (Andrej Lisakov/Unsplash +)

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)