Prediction Markets
Found 4 recent publications
Led by Donald Trump Jr.'s fund: Polymarket raises capital at a valuation of $21 billion
An investment fund partnered by Donald Trump Jr. is investing $300 million in the prediction platform Polymarket. The investment is part of a $1 billion funding round that values the company at $21 billion.
Global gamblers bet 100 million shekels on Gadi Eisenkot on prediction markets
According to the latest data from the American prediction market platform "Kalshi", former Chief of Staff and minister Gadi Eisenkot is opening a significant gap over his competitors, jumping to a 59% chance of winning the position. Similar results are also seen on "Polymarket".
Shake-up at Polymarket: World's largest bank cuts direct ties
The American banking giant JPMorgan Chase has ceased direct banking services for the prediction platform Polymarket amid regulatory concerns. All the details.
Polymarket in trouble: "There are lines that must not be crossed"
The New York City Council has opened a new front against prediction markets, as Council Speaker Adrienne Adams sent investigative letters to four companies operating in the field: Polymarket, Kalshi, Coinbase, and Gemini Titan. The companies were required to answer questions regarding how they market their services and the extent of their compliance with consumer protection laws.