Tag: Polymarket

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Crypto News

Kalshi Faces Class Action Lawsuit Over Alleged Unlicensed Sports Betting And Deceptive Practices

A group of clients has sued Kalshi Inc., alleging that the prediction market deceives consumers about its business practices and acts unlawfully as a...
Crypto News

Novogratz’s Galaxy Digital In Talks To Become Market Maker For Polymarket And Kalshi

Galaxy Digital, founded by Mike Novogratz, is in talks to supply liquidity for prediction market platforms Polymarket and Kalshi. In an interview with Bloomberg, Novogratz...
Crypto News

Kalshi Raises $1B, Valuation Rockets To $11B After Back-To-Back Rounds

TechCrunch reported on Thursday that Kalshi, a decentralised prediction market platform, has secured $1 billion in its most recent fundraising round, valuing the business...
Crypto News

UFC’s Parent Company Signs Multilayer Exclusive Deal With Polymarket As Prediction Markets Ramp Up U.S. Push

In order to introduce real-time prediction markets into live combat sports, TKO Group Holdings, the parent company of the UFC and Zuffa Boxing, has...
Crypto News

Polymarket Quietly Launches Live Beta Of US Exchange, Matching Real Bets Ahead Of Relaunch

In preparation for a domestic return following years of offshore operations, Polymarket has started a beta test of its U.S. exchange, according to a...
Crypto News

Trump’s Truth Social To Launch “Truth Predict” An Exclusive Deal With Crypto.com To Bring Prediction Markets To The Platform

The operator of the social media platform Truth Social, the streaming platform Truth+, and the FinTech brand Truth.Fi, Trump Media and Technology Group Corp.,...
Bitcoin News

Polymarket Founder & CEO Shayne Coplan Becomes Youngest Self-Made Billionaire After Latest $9B Valuation

Shayne Coplan, the 27-year-old founder and CEO of prediction market Polymarket, became the youngest self-made billionaire after Intercontinental Exchange (ICE), the owner of the...
Crypto News

MetaMask Adds Perpetual Futures Trading Inside Wallet, Partners With Polymarket For A In-App Predictions Market

MetaMask announced on Wednesday that it will roll out perpetual futures trading inside the wallet, while launching a new rewards program. The update also...
Crypto News

Polymarket Eyes U.S. Comeback As Investors Signal Up To $10 Billion Valuation

Polymarket, the blockchain prediction platform, is preparing to return to the U.S. and raise new funds that could push its value as high as...
Crypto News

Polymarket Plans to Launch a Stablecoin to Generate Yield on USDC Holdings

Polymarket, the blockchain-based prediction market platform, is planning to launch its own stablecoin to capitalize on the massive pools of USDC that are used...
Crypto News

Polymarket Acquires QCEX For $112M, Clears Path For U.S. Expansion

Polymarket has bought QCEX, the holding company of QCX exchange and QC Clearing, for $112 million this week. The move comes just days after US...
Crypto News

Decentralised Betting Platform Polymarket Nears $200M Round As Valuation Tops $1B

Polymarket, a decentralised prediction market platform, is in advanced talks to raise $200 million this month, a round that would push its valuation past...
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