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Polymarket is an American cryptocurrency-based prediction market, headquartered in Manhattan, New York City. Launched in 2020, it offers a platform where investors can place bets on various future events, including economic indicators , weather patterns, awards, as well as political and legislative outcomes.
Polymarket is a crypto-based predictions market that has become one of the most popular venues for placing online bets on upcoming elections. It was founded in 2020 and requires users to place ...
The betting site Polymarket has emerged as a hot topic in the 2024 presidential race. Trump's odds of winning are at 66% there based on bets. National polls generally show the race tied.
Polymarket, by contrast, has become a fixture of political Twitter and, according to Nick Tomaino—whose venture fund 1confirmation has invested in all of these projects—is the go-to site for ...
To briefly recap, Polymarket was kicked out of the U.S. in 2022 for letting U.S. users bet on political prediction markets, which, at the time, was against the law.
Since Coplan, 26, founded the crypto-based prediction market platform, Polymarket has raised $70 million, and in September reportedly sought to raise an additional $50 million among the election ...
Polymarket declined to comment for this story, but a person familiar with the company said it was unlikely the court ruling would result in any sites offering bets in the U.S. on the presidential ...
According to Polymarket data, the four accounts thought to be a Trump whale — Fredi9999, Theo4, PrincessCaro, and Michie — have a combined $46 million in open positions on the betting platform.