Global #Polymarket

Riding the wave of heightened interest in U.S. election betting, crypto-based prediction market platform Polymarket is on the hunt for $50 million in fresh funding, as reported by tech news outlet The Information.

In a surprising shift on the decentralized prediction market platform Polymarket, U.S. Vice President Kamala Harris has overtaken former President Donald Trump in the odds for the upcoming presidential election.

Recent speculation surrounding Polymarket, particularly in light of the US election cycle, has sparked significant interest in the platform's potential token launch.

Polymarket, a leading prediction market platform, has announced a strategic partnership with the AI search engine Perplexity. This collaboration, unveiled on Monday, aims to enrich the user experience by integrating Perplexity's advanced search capabilities to offer news summaries on prediction events.

On Monday, a highly anticipated Twitter Spaces interview featuring former President Donald Trump and Tesla CEO Elon Musk drew over a million listeners, as many in the crypto community hoped for significant commentary on the industry.

Polymarket, a decentralized prediction market platform, has achieved unprecedented growth in July, setting new records for trading volume, active traders, and new accounts. The platform recorded $387 million in volume for the month, more than tripling its previous all-time high of $111 million set in June.