Polymarket launches prediction markets for public company earnings
ChainCatcher news, decentralized prediction market platform Polymarket has announced the launch of a new prediction category, allowing users to place bets on the earnings of publicly listed companies.
The platform has partnered with trading social platform Stocktwits, combining Polymarket's prediction market with Stocktwits' trading community to provide users with real-time, crowd-priced probability forecasts. Currently, users have begun predicting the earnings of companies such as FedEx and crypto exchange Bullish. Previously, Polymarket CEO Shane Coplan revealed that the platform has received approval from the U.S. Commodity Futures Trading Commission (CFTC) to operate in the United States, and it is reportedly considering raising new funds at a valuation of $9-10 billions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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