Polymarket and Kalshi: Who Will First Achieve a $15 Billion Valuation?
The prediction platform Polymarket is in talks to raise new investments at a valuation of $12-15 billion, Bloomberg reports.Polymarket is a decentralized information markets platform where users can trade on the outcomes of real-world events.
Polymarket and Kalshi: Who Will First Achieve a $15 Billion Valuation?
The prediction platform Polymarket is in talks to raise new investments at a valuation of $12-15 billion, Bloomberg reports.
Polymarket Introduces ‘Up/Down’ Stock Markets
The prediction platform Polymarket has launched markets allowing forecasts on the rise or fall of stocks, indices, and commodities, reports The Block, citing company representatives.
Kalshi and Polymarket Trading Volume Reaches $4.5 Billion
Amid growing institutional support, the combined monthly trading volume on prediction platforms Kalshi and Polymarket has reached $4.5 billion.
Polymarket Founder Sparks Token Launch Speculation with POLY Post
CEO Polymarket Shayne Coplan posted a brief message with the ticker POLY. Community members speculated he hinted at a potential token launch.
MetaMask Introduces Perpetual Contract Trading via Hyperliquid
The popular Web3 wallet MetaMask has launched perpetual contract trading on its mobile app, utilizing Hyperliquid infrastructure.
Polymarket Introduces Bitcoin Support
The prediction platform Polymarket has introduced support for the leading cryptocurrency for account deposits.
Kalshi Overtakes Polymarket as Leader in Prediction Market
Kalshi representatives have announced that the platform has achieved 62.2% of the global trading volume in the prediction market.
Polymarket to Launch Prediction Market for Public Company Earnings
The prediction platform Polymarket launched a new section for forecasting public company earnings after receiving authorization to operate in the U.S.
Investors Value Polymarket at $9 Billion, Reports Suggest
Polymarket is considering an offer to raise additional capital, potentially valuing the platform at $9 billion, according to The Information.
MEI Pharma Acquires $110 Million in Litecoin
MEI Pharma has become the first publicly traded company in the United States to announce the establishment of a Litecoin reserve. The pharmaceutical firm acquired 929,548 LTC for $110.4 million, according to a press release.
Polymarket Finds a Path Back to the US Market
The prediction platform Polymarket has acquired the derivatives exchange QCEX, licensed by the US Commodity Futures Trading Commission (CFTC), for $112 million. According to a press release, the deal represents a “significant step” in expanding access for US users to the world’s largest prediction market. In 2022, the CFTC fined Polymarket $1.4 million for offering […]
US Concludes Investigation into Polymarket
The US Department of Justice has concluded its investigation into the prediction platform Polymarket, as reported by Bloomberg, citing a knowledgeable source. According to the insider, the prediction market received official notification from the Department of Justice and the US Commodity Futures Trading Commission (CFTC) about the closure of the cases in early July. Shayne […]We use cookies to improve the quality of our service.
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