Tag: Polymarket
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Polymarket Is Building Its Own Stablecoin — and It’s Not Really About Prediction Markets Anymore
Polymarket has spent the last few years becoming the altcoin ecosystem’s most credible answer to the question of what decentralized platforms can do better than their traditional counterparts. Election forecasting. Sports outcomes. Macro event probabilities. On-chain prediction markets that, at several notable moments, outperformed mainstream polling and institutional forecasting with uncomfortable accuracy. The platform earned…
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Kalshi and Polymarket Chase $20 Billion Valuations — Prediction Markets Are Becoming Serious Business
Two platforms that let users bet on real-world outcomes are quietly plotting their next moves, and the numbers involved are staggering. Kalshi and Polymarket have entered preliminary discussions with investors about new funding rounds that could value each company at approximately $20 billion — roughly double where they stood just months ago. Let that valuation sink in.…