Polymarket is a decentralized prediction market platform specializing in cryptocurrency-based trading on the outcomes of future events. Using cryptocurrency on the Polygon blockchain, it enables users to speculate on topics such as politics, weather, and economics, turning trading activity into actionable insights.
Founded: 2020
| Shayne Coplan Founder and Chief Executive Officer |
The deal will include co-branded activations at the remaining Yankees home fixtures, and branding at Yankee Stadium.
Polymarket is seeking to raise capital at a valuation of more than $20 billion, months after it closed an earlier round with new investment from hedge fun D.E Shaw & Co.
A federal judge on Monday blocked Minnesota from enforcing a newly enacted law that made the state the first nationally to outright ban prediction markets like those run by Kalshi and Polymarket.
In early February, Caden Booth, a 21-year-old TikToker, flew from Cincinnati to San Francisco and headed for the stadium where Super Bowl LX was taking place.