Polymarket becomes Yahoo Finance’s exclusive prediction market partner, eyes another record month
Quick Take Last week, Google Finance said it would integrate prediction data from Polymarket and Kalshi into its search results. Polymarket’s monthly volume, active traders, and new markets created hit all-time highs in October.The platform's monthly volume, active traders, and new markets created hit all-time highs last month as prediction markets continue to gain mainstream adoption. The platform recently attracted an investment from Intercontinental Exchange, valuing the company at around $9 billion. Ne
Polymarket has partnered up with Yahoo Finance, less than a week after Google Finance said it would integrate prediction market data into its search results.
Polymarket is now the exclusive prediction market partner for Yahoo Finance, the company announced on Wednesday in a post on X . Representatives from Yahoo could not be immediately reached for comment.
The platform's monthly volume, active traders, and new markets created hit all-time highs last month as prediction markets continue to gain mainstream adoption. The platform recently attracted an investment from Intercontinental Exchange, valuing the company at around $9 billion .
Nearly midway through the month of November, Polymarket has already generated about $1.4 billion in volume, which puts it on pace to surpass October's record of $3.01 billion.
Its main competitor, Kalshi, recently raised $300 million at a $5 billion valuation. Google had said that prediction markets data from both Polymarket and Kalshi will roll out over the coming weeks.
Last week, analysts at Bernstein stated that prediction markets are evolving into broader information hubs encompassing sports, politics, business, economics, and culture.
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.
You may also like
With CoreWeave fueling the AI frenzy, can Nebius (NBIS.US) defend the AI computing power rally with explosive performance?
At Wednesday’s US stock market close, strong earnings reports and financing plans from CoreWeave drove collective gains in the storage chip, AI chip, optical interconnect, and new cloud sectors. CoreWeave and Nebius surged by approximately 24.7% and 15.4%, respectively. However, after the bell, media reports regarding another extramarital affair involving Jensen Huang and discussions by the board about his tenure caused Nvidia to drop more than 8%, putting pressure on the prices of most AI computing power-related stocks.
