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Polymarket rolls out prediction markets tracking IPOs, valuations for private companies like OpenAI and SpaceX

The Block
Polymarket has launched new prediction markets for private company milestones, utilizing data sourced from Nasdaq Private Market.

Summary

Polymarket is introducing a new category of prediction markets focused on private company milestones, including IPO timing, valuations, and earnings. By partnering with Nasdaq Private Market to source reliable resolution data, the platform aims to democratize access to financial information for retail participants. These event-based contracts cover major companies such as OpenAI, SpaceX, and Stripe, providing a real-time signal for institutional investors to gauge market sentiment and pricing trends.

(Source:The Block)