Polymarket Partners With Nasdaq to Launch Private Company Prediction Markets
Cointelegraph
Polymarket has partnered with Nasdaq Private Market to launch prediction markets for tracking valuation and corporate milestones of private startups.Summary
Polymarket has introduced a new category of prediction markets focused on private companies, developed in collaboration with Nasdaq Private Market. By utilizing data and infrastructure provided by Nasdaq, these contracts allow users to trade on events such as fundraising rounds and valuation shifts for pre-IPO startups. This initiative aims to improve price discovery and transparency in the opaque private market sector, where there are currently nearly 1,600 startups valued at over $1 billion. The move represents a strategic effort by Polymarket to diversify its offerings beyond politics and macroeconomics, catering to growing institutional interest in event-based financial forecasting.
(Source：Cointelegraph)