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Polymarket is not just an intriguing new fixture of the U.S. election scene. It is also a hot startup whose $70 million raised so far, including a $45 million funding round in May, comes from ...
Polymarket investors include the early Facebook backer Peter Thiel, ethereum's cofounder Vitalik Buterin, and Airbnb's cofounder Joe Gebbia. The company has raised a total of $74 million ...
“Last night, Polymarket proved the wisdom of markets over the polls, the media, and the pundits,” the prediction platform posted on X on Wednesday. “Polymarket consistently and accurately ...
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 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 did not respond to a request for comment. The rise of betting markets signaled a step change in how elections were covered by the press and observed by the public.
While polls tell you about how people responded in the recent past, the odds on sites like PredictIt and Polymarket show real-time sentiment and are better for mapping the future, according to Miller.
A Polymarket "whale" is betting heavily on Trump winning the presidential election. Four accounts on Polymarket have $46 million in open positions in favor of Trump.