Polymarket | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights
Polymarket is an information markets platform based in New York, NY, where users can bet on the outcomes of highly-debated topics...
Polymarket is an information markets platform based in New York, NY, where users can bet on the outcomes of highly-debated topics such as politics, COVID, and more. It operates as a decentralized prediction market, allowing users to speculate on real-world events using cryptocurrencies, and aims to provide actionable insights that help individuals plan for the future.
Website
Headquarters
New York, NY
Size
11-50 employees
Industry
Software Development
🛍️ Polymarket Product and Pricing News →
👔 Polymarket CEO, Management and Leadership Team →
⚔️ Polymarket Alternatives and Competitors →
💼 Polymarket Hiring and Layoffs →
🤖 Polymarket Developer, Integration and Automation News →
📈 Polymarket Financials, Fundraising and Valuation News →
🛍️ Polymarket Product and Pricing News
- Polymarket has introduced new prediction markets for global elections and upcoming speeches by Powell and Trump, with significant trading volumes.
- Polymarket has introduced new prediction markets including 'Fed decision in December?' and 'What will Powell say during December Press Conference?' with significant trading volumes.
- The US Justice Department is investigating Polymarket for allegedly allowing US-based users to trade on its platform, and the FBI has seized CEO Shayne Coplan's phone and electronics.
- The FBI seized Polymarket CEO Shayne Coplan's phone and electronics after the platform predicted Donald Trump's election win.
- The FBI recently raided the home of Polymarket CEO Shayne Coplan, with unclear motives behind the investigation.
- Polymarket plans to introduce rewards and airdrops to retain users and maintain volume after a decline following the US Election markets.
- The French gambling regulator ANJ is examining Polymarket's operations after a French national profited significantly by betting on Trump's victory in the U.S. election.
- France's gambling regulator is examining Polymarket's operations due to increased user demand and large bets on the US presidential election.
👔 Polymarket CEO, Management and Leadership Team
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Director
[email protected] -
Director, Global Markets[email protected]
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CEO[email protected]
⚔️ Polymarket Alternatives and Competitors
- Kalshi |
- Hedgehog Markets |
- Augur |
- DoubleDown Interactive |
- Betfair |
- FunFair Technologies
💼 Polymarket Hiring and Layoffs
🤖 Polymarket Developer, Integration and Automation News
📈 Polymarket Financials, Fundraising and Valuation News
- Polymarket's event on whether Trump will end the Ukraine war in 90 days saw its trading volume increase from $2,204,987 to $3,394,898.
- Polymarket has significantly increased the trading volume for the prediction market on whether Trump will end the Ukraine war in the first 90 days, from $2.2 million to $3.4 million.
- Polymarket's leaderboard shows significant increases in trading volumes for several top accounts, with 'kingfisher' rising from $48.7M to $54.5M and '🤺JustPunched' from $24.6M to $30.5M.
- Polymarket's trading volume for the prediction market on the number of named storms during the Atlantic Hurricane Season increased from $4.8 million to $5.1 million.
- Polymarket has significantly increased its trading volume for various prediction markets, including a rise from $45.3 million to $57.8 million in the 'Furiosa: A Mad Max Saga' market and from $342.0k to $579.7k in the 'Wicked' Opening Weekend Box Office market.
- On November 6, Polymarket recorded a trading volume exceeding $371 million.
- Polymarket's trading volume plummeted 84% and daily active users dropped by 53% after the US elections, raising concerns about its future viability.
- On November 6, 2024, Polymarket processed $240 million in trading volumes and 2,921,668 transactions smoothly on election day.
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