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Polymarket

Morning Minute: Polymarket Prepares for Imminent U.S. Launch

by admin October 2, 2025

Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack.

GM!

Today’s top news:

Crypto majors see more green; Bitcoin at $118,800
ZCash continues to lead, soaring 50% to $140
U.S. goverment shut down pauses ETF approvals
Lighter leaves private beta, opens Perps platform to public
PNKSTR jumps 50% to $140M as other NFT Strategies boom

🟣 Polymarket’s U.S. Return: “Green Light” Becomes Go-Time

After four years on the sidelines, the world’s biggest prediction market is set to reopen to U.S. users.

Potentially as soon as today…

📌 What Happened

To understand how we arrive at Polymarket potentially launching in the U.S. as soon as today, let’s look at the timeline.

In July, Polymarket bought QCX/QC Clearing (QCEX) for $112M, securing a CFTC-licensed exchange and clearinghouse.
On September 3, CFTC staff issued a no-action letter giving limited relief on event-contract reporting/recordkeeping for those entities.
Polymarket has since started self-certifying event contracts (sports, elections), clearing the final runway to switch the U.S. platform on.
- Under CFTC rules, once a DCM files a certification, the agency has one business day to object; absent objection, the market can list immediately.
In its filings, Polymarket U.S. explicitly says listings will occur “no earlier than October 2, 2025,” which is why the platform could open as soon as tomorrow. Though other sources are reporting October 7, 2025.

There you have it. Polymarket U.S. is coming, if not today, soon.

🗣️ What They’re Saying

“Polymarket has been given the green light to go live in the U.S.A by the @CFTC.” -CEO Shayne Coplan, following the no-action letter.

Some news (reposted for an error): Polymarket US has self-certified sports and election contracts with the CFTC.
➡️ Polymarket plans to offer moneylines, point spreads and totals for any sport
➡️ Oct. 7 is first day they could be offered
➡️ Sportsdata dot io is providing data

— Dustin Gouker (@DustinGouker) October 1, 2025

🧠 Why It Matters

If you’re in the U.S., this means you can use Polymarket without a VPN—just a normal U.S. account.

Because it’s running on a CFTC-licensed venue, expect a quick KYC/identity check and standard U.S. compliance (some state-by-state limits may apply at launch).

The first listings should look familiar, likely sports spreads/totals and “who wins” elections.

And, thanks to the self-certification process, they can appear as soon as the next business day after filing (i.e. today).

Access will likely start on the official U.S. web app and then roll into App Store / Google Play once approvals are cleared (another huge potential lift – Polymarket mobile).

Overall this is clearly huge for U.S. adoption and should pour gasoline on what is the prediction market fire happening right now.

And may help them regain market share against Kalshi, which has pulled out to a bigger lead over the past month (66% market share last week).

Expect volumes to continue to grind up an to the right (barring any new legal or regulatory issues)…

🌎 Macro Crypto and Memes

A few Crypto and Web3 headlines that caught my eye:

Crypto majors are green again continuing the shutdown rally; BTC +2% at $118,800, ETH +2% at $4,380, XRP +1% at $2.99, SOL +4% at $225
ZEC (+50%), DEXE (+30%) and SPX (+17%) led top movers
Zcash rocketed ~63% to a three-year high, as traders (and Naval) pitch privacy coin as “insurance” hedge during Bitcoin strength
MSTR stock jumped 5% yesterday after Strategy avoided a multi-billion AMT (tax) hit after new IRS/Treasury guidance, easing concerns over taxes on unrealized gains tied to its Bitcoin holdings
Polymarket is poised to relaunch for U.S. users within days, as filings show self-certified contracts after acquiring a CFTC-licensed venue
Circle introduced a new tokenized U.S. Treasury fund U.S.YC on Solana
The UK government seeks to keep most of $7B in Bitcoin it just seized linked to massive Chinese fraud
The White House withdrew Brian Quintenz for CFTC chair, reopening leadership questions at the derivatives regulator amid active crypto agenda
New York is running a pilot to give low income residents $12,000 in U.S.DC to help alleviate poverty, with funding provided by Coinbase

In Corporate Treasuries / ETFs

In Memes

Memecoin leaders are very green; DOGE +7%, Shiba +3%, PEPE +4%, PENGU +4%, BONK +3%, TRUMP +3%, SPX +19%, and FARTCOIN +8%
VIRU.S. +77% to $30M, LOOK +43% to $85M and aura +30% to $90M led onchain Solana movers

💰 Token, Airdrop & Protocol Tracker

Here’s a rundown of major token, protocol and airdrop news from the day:

Sui announced a new income-generating digital dollar token suiU.S.De powered by Ethena, with revenue used for SUI buybacks
Pump.fun introduced “easy onramp,” enabling new funding methods powered by Apple Pay, Phantom, Robinhood and more
Monad’s “intern” teased that Monad will launch in Q4
Lighter launched its public mainnet (perps dex) yesterday, now open to the public after 8 months of private beta

🚚 What is happening in NFTs?

Here is the list of other notable headlines from the day in NFTs:

ETH NFT leaders were mostly even, Hypurrs lead; Punks even at 47.3 ETH, Pudgy even at 10, BAYC -3% at 8.75 ETH
Hypurr’s rebounded 30% to a 1,500 HYPE floor ($71,000)
Punk Strategy jumped 50% to $140M and a new ATH, 65% of the way to its 20th Punk; BIRBStrategy +80% to $12M and PDGYSTR +60% to $11M led movers
A NodeStrategy has teased its launch, using an auction format to use funds to acquire NodeMonkes in a similar style as the other NFT Strategies (not affiliated)
Doodles landed on Froot Loops boxes, with 500 limited editions at $50 selling as NFTs on Base
Oh Baby Games announced its first NFT venture, the “Oh Baby Pass,” launching next week

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October 2, 2025 0 comments

Crypto Trends

Prediction Market Polymarket Poised to Relaunch in US Within Days

by admin October 1, 2025

In brief

Polymarket is set to reopen to U.S. users, possibly as soon as tomorrow.
The relaunch comes nearly four years after being banned by the CFTC and after its $112 million acquisition of CFTC-licensed exchange QCX LLC.
The company has begun self-certifying event contracts including athletic events and election markets.

Prediction market Polymarket is set to reopen to U.S. users, nearly four years after being effectively banned by the CFTC, and could do so as soon as tomorrow, regulatory filings show.

Polymarket, which operates a cryptocurrency-based prediction market on the Polygon network, has begun self-certifying its own event contracts, flexing its authority to do so through the CFTC-licensed exchange it acquired in July.

Polymarket acquired QCX LLC, which is now doing business as Polymarket US, for $112 million. By acquiring the company, Polymarket gained a Designated Contract Market license that grants it the ability to self-certify markets available to U.S. users.

After the acquisition, Polymarket had to wait a few weeks for the CFTC to issue a no action letter to say that it would not pursue enforcement over alleged violations for “swap data reporting and recordkeeping regulations.” When that letter arrived the first week of September, Polymarket CEO Shayne Coplan said that was the company’s “green light to go live in the USA.”

Polymarket rose to prominence in the lead-up to the 2024 election, when users on the platform correctly predicted the reelection of President Donald Trump. Since then, prediction markets have caught fire, with both Polymarket and its largest competitor, Kalshi, pulling in hundreds of millions in weekly trading volume. More recently, Kalshi has pulled ahead in terms of market share, buoyed by its established presence in the U.S. through its own DCM license.

Now, Polymarket, DCM license in hand, is targeting those same coveted U.S.-based users, through regulated and self-certified markets.

Self-certification is the default way for CFTC-regulated firms to operate. Once a DCM holder submits a form explaining that its new market complies with all relevant law and regulations, the CFTC has one business day to object. If it doesn’t, the market can be listed right away.

But in this case, Polymarket US has explicitly said that the markets will be listed “no earlier than October 2, 2025.” The four filings include certifications for athletic event, athletic spread, and total athletic score contracts and election winner event contracts.

Polymarket did not immediately respond to a request for comment on its relaunch from Decrypt.

But the company’s CEO had plenty to say about the changing regulatory landscape in the U.S. during a D.C. panel on Monday. Coplan appeared on a joint Securities and Exchange Commission and Commodities Futures Trading Commission panel with executives from Cboe Global Markets, Nasdaq, Kalshi, and Kraken.

“I think that it’s pretty clear with this administration that we want the regulators to cultivate DeFi,” he said, referring to the sort of decentralized financial activity that takes place natively on blockchain networks without third-party intermediaries. He added the caveat that he thinks innovators know better than regulators how to build smart contracts—that is, the software that runs crypto applications—that will provide investor protections.

“I think that puts the onus on us and other players in the space to go and get inventive and come up with solutions that both embody the spirit of the rules that you see in traditional financial regulation with what’s capable of the technology,” Caplan added.

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October 1, 2025 0 comments

NFT Gaming

Kalshi Outpaces Polymarket in Prediction Market Volume Amid Surge in U.S. Trading

by admin September 21, 2025

Kalshi is pulling ahead in the prediction market race, capturing a dominant share of trading volume even as competitors like Polymarket push into regulated U.S. territory.

From Sept. 11 to 17, Kalshi accounted for 62% of total volume in the on-chain prediction market sector, according to data from Dune Analytics, while Polymarket’s stood at 37%. The former’s weekly trading pace topped $500 million, with an average open interest of around $189 million.

Prediction market volumes (Dune)

Its volume is beyond that of Polymarket, which stood at $430 million, and its average open interest of $164 million, which implies “sticker positions on Polymarket and faster turnover on Kalshi.”

Polymarket’s longer-term markets, which often stretch over weeks or months, keep user funds locked in for longer periods, essentially.

This shows up in the open interest-to-volume ratio: Polymarket averaged 0.38, while Kalshi sat lower at 0.29. That suggests Kalshi’s users are trading more often, while Polymarket’s positions tend to sit.

Still, Polymarket is building out a greater position in the U.S. The platform has cleared its acquisition of QCX, a regulated derivatives exchange, to enter the country again.

It has also launched earnings-based markets with social investing platform Stocktwits, designed to let stockholders hedge earnings risk and analysts gauge market sentiment in real time.

Read more: Polymarket Weighs $9B Valuation Amid User Surge and CFTC Approval: The Information

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September 21, 2025 0 comments

NFT Gaming

Morning Minute: Polymarket Token Speculation Soars Along with $10B Valuation

by admin September 17, 2025

GM!

Today’s top news:

Crypto majors mostly flat into FOMC, Bitcoin leads +1% to $116,300
Binance in talks with US DOJ to end its compliance monitor
Bank of America says 67% of fund managers hold 0 crypto
Trump suing NY Times for $15M saying they hurt the TRUMP meme
Tether co-founder launches STBL, token soars to $1.7B fdv in debut

🔮 Polymarket Token Incoming?

The world’s biggest prediction market is flirting with a token.

And it’s doing it while eyeing a stratospheric new valuation, rolling out earnings markets with Stocktwits, and prepping a regulated U.S. return.

📌 What Happened

Polymarket’s recent SEC filings hinted at “other warrants” which typically indicate a token.

This has led to broad speculation of a Polymarket token in the works.

And the token speculation comes just days after multiple outlets reported that Polymarket has raised a fresh round that could value the company as high as $9B–$10B.

A massive jump from the ~$1B valuation discussed in June.

That’s a lot of big money news, coming along with major fundamental progress:

Regulated U.S. comeback: After acquiring CFTC-licensed QCEX and receiving staff relief, CEO Shayne Coplan says the platform has the “green light” to go live in the U.S.
New product + distribution: Polymarket launched public-company earnings prediction markets and became the official prediction-markets partner of Stocktwits, bringing live probabilities to Stocktwits’ 10M+ users
Volume check: Volumes are coming in around ~$250M/week and consistently at the $1B/month mark

The $10B raise makes a bit more sense with that backdrop.

🗣️ What They’re Saying

“Polymarket has been given the green light to go live in the USA by the @CFTC. Credit to the Commission and Staff for their impressive work.” – Shayne Coplan, CEO, on X (Sep 3)

“Prediction markets transform uncertainty into clarity by turning big questions-like earnings-into simple, tradable outcomes with transparent pricing.” – Matthew Modabber, CMO, Polymarket, on the Stocktwits partnership.

“Polymarket is the largest prediction market in the world, and the U.S. needs access to this important platform.” – Donald Trump Jr., as Polymarket added him to its advisory board following 1789 Capital’s investment.

🧠 Why It Matters

A token would formalize community upside.

If a Polymarket token launches, it turns users into owners, likely deepens liquidity across markets, and enables new incentive design (e.g., fee shares, staking for dispute resolution, or market-maker rewards).

Timing-wise, it makes sense.

They have more momentum than ever with the combination of regulatory approval, new product verticals (earnings markets), sports markets catching fire (see Kalshi’s latest volume surge) and a general explosion in prediction market interest.

And just the hint of a token is enough to steal market share and attention from their rival Kalshi (which has flipped Polymarket in volume as of late).

All being equal, users will trade on the apps that have the best lines, market and/or best UX.

With token incentives in the mix, the decision of which app to use has a heavily weighted new factor.

So expect Polymarket volumes and attention to boom here in the near future.

As for its token, it’s tough to value. Polymarket is a true unicorn. And without them taking a fee, there is no revenue model to use.

It wouldn’t be crazy at all to think a Polymarket token would fetch $5B-$10B upon its debut.

Maybe we’ll find out this year…

🌎 Macro Crypto and Memes

A few Crypto and Web3 headlines that caught my eye:

Crypto majors are mixed ahead of FOMC, BTC leads; BTC 1% at $116,300, ETH even at $4,500, XRP -1% at $3.01, SOL -1% at $234
MYX (+56%), IP (+10%) and HYPE (+5%) led top movers
The Bitcoin ETFs saw another $292.3M in net inflows, continue 7-day inflow streak
Bank of America reported that 67% of fund managers hold no crypto and only 8% have started structural crypto investments
Binance is in talks with the U.S. DOJ about ending its compliance monitor, per Bloomberg
Trump is suing the New York Times for $15B, claiming that reporting hurt his TRUMP meme coin
The Ethereum exit queue has swollen to ~2.5M ETH with waits >46 days, the longest yet
Santander’s Openbank turned on crypto trading in Germany under MiCA, with Spain up next
UBS, Sygnum and PostFinance pilot what they call the first interbank settlement using deposit tokens on a public chain
Galaxy Digital plans a tokenized money-market fund spanning Ethereum, Solana and Stellar
The UK is expected to announce tighter crypto-oversight coordination with the U.S., according to the Financial Times
Over $3,000,000,000 in USDT was minted onchain in the past 4 days

In Corporate Treasuries / ETFs

Forward Industries (FORD) announced a $4B ATM program to buy more SOL after just buying $1.6B in SOL
SharpLink (SBET) bought just 900 ETH in the past week though it did buy 1M shares back
Bitwise filed for an Avalanche ETF as XRP and Dogecoin ETFs near launch

In Memes

Memecoin leaders are mostly flat; DOGE even, Shiba even, PEPE +1%, PENGU +1%, BONK +2%, TRUMP -1%, SPX +1%, and FARTCOIN +1%
KIND (+33%) and 67 (+350%) lead notable onchain movers

💰 Token, Airdrop & Protocol Tracker

Here’s a rundown of major token, protocol and airdrop news from the day:

Tether co-founder launched STBL as a new stablecoin protocol focused on yield, touted as “stablecoins 2.0”
Pump.fun bonding curves had their highest day of volume in 7 months
Circle bought HYPE and signaled it may run a Hyperliquid validator alongside new USDC tooling on HyperEVM
LimeWire bought the Fyre Festival brand and hinted at token and NFT hooks for a rebooted event
OpenSea clarified that its “final pre-TGE phase” would have multiple seasons

🤖 AI x Crypto

Section dedicated to headlines in the AI sector of crypto:

Overall market cap +1% at $13.75B, leaders were mixed
FARTCOIN (+1%), VIRTUAL (-1%), TIBBIR (+12%), aixbt (even) & ai16z (+1%)
SNAI (+23%), BIOS (+21%) and IRIS (+18%) led top movers
Virtuals announced it’s more than software, plans to fuel “the next wave of robotic agents”
Google debuted an open-source AI payments protocol with stablecoin support, with input from Coinbase and Salesforce

🚚 What is happening in NFTs?

Here is the list of other notable headlines from the day in NFTs:

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September 17, 2025 0 comments

NFT Gaming

Polymarket integrates Chainlink to boost market outcome precision

by admin September 15, 2025

Polymarket’s latest upgrade integrates Chainlink Data Streams and Automation. The technical overhaul enables near-instantaneous, objective resolutions for billions of dollars in prediction market volume on critical real-world events.

Summary

Polymarket has integrated Chainlink Data Streams and Automation for market resolutions.
The upgrade replaces social voting with verifiable, automated oracle-based data feeds.
Initial rollout covers hundreds of crypto asset pricing prediction markets.

According to a press release dated September 12, Polymarket has formally integrated Chainlink’s oracle infrastructure, specifically its Data Streams and Automation products, directly into its market resolution engine.

The technical overhaul, now live on Polygon mainnet, replaces previously used social voting mechanisms with deterministic, verifiable data feeds for settling outcomes, starting with hundreds of crypto asset pricing markets.

Polymarket said the system is designed to pull timestamped data from Chainlink’s decentralized node network to trigger automated, near-instantaneous settlements based on predefined conditions.

Building the infrastructure of trust

By tethering its resolution process to Chainlink’s decentralized oracle network, a system that claims to safeguard nearly $100 billion in DeFi value and that has facilitated tens of trillions in transaction volume, Polymarket gains a layer of security and reliability that was not possible with social voting mechanisms.

The infrastructure removes single points of failure, ensuring market outcomes are settled using verifiable on-chain data instead of potentially skewed human judgment. For institutions and serious crypto traders who depend on Polymarket’s accuracy, this move from subjective interpretation to objective, automated settlement marks a fundamental shift in how prediction markets are trusted.

Sergey Nazarov, Co-Founder of Chainlink, emphasized the broader implications of this partnership.

“When market outcomes are resolved by high-quality data and tamper-proof computation from oracle networks, prediction markets evolve into reliable, real-time signals the world can trust. Polymarket’s partnership with Chainlink is a decisive step toward a world powered by cryptographic truth,” Nazarov said.

Looking beyond immediate applications, the two companies are exploring even more ambitious territory. According to the press release, they are developing methodologies to expand Chainlink’s use in settling prediction markets involving subjective questions.

This represents perhaps the most technically challenging frontier, as it would require creating objective frameworks for resolving inherently subjective outcomes, potentially revolutionizing how all types of information markets operate.

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September 15, 2025 0 comments

GameFi Guides

Polymarket, Kalshi seek funding; Gemini IPO

by admin September 14, 2025

Crypto markets grabbed headlines last week, from billion-dollar fundraising pushes at Polymarket and Kalshi to Gemini going public.

Tether also staked its claim in the U.S. with a new regulated stablecoin, Coinbase turned up the heat on regulators, and Binance deepened Wall Street ties with Franklin Templeton.

Meanwhile, Avalanche and HashKey unveiled ambitious treasury plans, OpenSea edged closer to its long-awaited token, and Michael Saylor’s firm continued to pile into Bitcoin as German authorities faced scrutiny over a missed multibillion-dollar BTC haul.

Prediction platforms target billion-dollar valuations

Polymarket received offers valuing the company at up to $9 billion.
Kalshi is simultaneously exploring capital raising opportunities at a $5 billion valuation.

Gemini’s public debut exceeds market expectations

The cryptocurrency exchange raised $425 million through its initial public offering, with shares opening at $37.01 on Nasdaq, which is 32% above the $28 pricing level.
Trading reached intraday highs of $45.89 before closing at $32 and valuing Gemini at around $3.3 billion.
The IPO pricing surpassed both the week’s expected range of $24-26 and the initial range of $17-19.

Tether introduces US-regulated stablecoin infrastructure

The world’s largest stablecoin issuer unveiled USAT, a dollar-backed token compliant with US regulations.
The company also appointed former White House crypto advisor Bo Hines to lead American operations.
Anchorage Digital will serve as the federally regulated issuer while Cantor Fitzgerald manages reserve assets
Hines, previously director of President Trump’s Crypto Council, will oversee Tether’s new US entity as the company expands into regulated American markets.

Coinbase still hung up on Gensler

On Sept. 11, the exchange requested federal court intervention for an “expedited, proper search” of former Securities and Exchange Commission (SEC) Chairman Gary Gensler’s erased text messages spanning one year.
Coinbase chief legal officer Paul Grewal addressed the matter on X: “The Gensler SEC destroyed documents they were required to preserve and produce. We now have proof from the SEC’s own Inspector General.”
Gensler stepped down as SEC Chair on Jan. 20. On Feb. 27, the SEC dismissed all civil enforcement action against Coinbase.

Avalanche Foundation plans billion-dollar treasury

The blockchain foundation aims to raise $1 billion for two cryptocurrency treasury companies holding substantial AVAX (AVAX) token positions purchased at discounted rates.
The structure would allow the foundation to monetize its token holdings and also create institutional investment vehicles for AVAX exposure.

Binance partners with Franklin Templeton

The world’s largest cryptocurrency exchange announced a collaboration with the $1.6 trillion asset manager to develop tokenized asset products
The partnership combines Franklin Templeton’s securities tokenization experience with Binance’s global trading infrastructure and distribution networks.

Defunct Movie2K still has 47k Bitcoin

Arkham Intelligence revealed that piracy website Movie2K retains 45,000 Bitcoin (BTC) that German authorities “failed to seize” during early 2024 confiscation operations involving nearly 50,000 Bitcoin.
The blockchain analytics firm identified additional wallets likely connected to Movie2K, which operated between 2008 and 2013 before shutting down.

OpenSea advances token generation preparations

The NFT platform entered the “final phase” of pre-token generation event rewards, with additional details scheduled for release in early October.
The announcement coincides with OpenSea’s mobile app release, integrating on-chain trading capabilities with traditional NFT marketplace functions.

Strategy maintains Bitcoin accumulation pace

Michael Saylor’s company purchased 1,955 BTC for $217.4 million at an average price of $111,196 per Bitcoin during the latest acquisition period.
Total holdings reached 638,460 Bitcoin, maintaining Strategy’s position as the largest publicly traded corporate Bitcoin holder.

HashKey launches digital asset treasury fund

The Hong Kong-regulated exchange announced plans for a $500 million investment fund targeting digital asset treasury companies holding mainstream cryptocurrencies.
Initial focus will concentrate on Bitcoin and Ethereum (ETH) treasury operations, building a diversified portfolio of corporate cryptocurrency holders.

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September 14, 2025 0 comments

Crypto Trends

Polymarket Set For $10 Billion Valuation As US Relaunch Nears – Report

by admin September 14, 2025

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

According to the latest reports, crypto-based prediction platform Polymarket is preparing for a new funding round that could see its valuation rise to $10 billion. This move to raise additional capital comes as the company prepares to relaunch in the United States.

On September 3, Polymarket CEO Shayne Coplan revealed on the social media platform X that the prediction site has received the green light from the Commodity Futures Trading Commission (CFTC) to launch in the United States.

Polymarket, which became increasingly popular during the 2024 US presidential election, has been subject to regulatory scrutiny for the majority of this year. However, this approval decision from the CFTC marks the conclusion of investigations into the prediction platform’s activities.

Prediction Platform To At Least Triple Its $1 Billion Valuation

According to a September 12 report by Business Insider, Polymarket is readying for another funding round that could triple its June valuation of $1 billion. Citing unnamed sources, the report stated that at least one investor has offered a term sheet to raise Polymarket’s valuation to as high as $10 billion.

The crypto-based prediction marketplace reached “Unicorn” status and a $1 billion valuation in June after completing a $200 million funding round. Multiple reports revealed that the company’s last capital raise was led by Peter Thiel’s Founders Fund—famous for its early backing of startups like OpenAI, Paxos, and Palantir.

A separate report revealed that Polymarket has considered an offer that would see its company grow to as high as $9 billion. This report also claimed that the company’s major competitor, Kalshi, is closing in on a $5 billion valuation in a new funding round.

While activity on Polymarket seems to hover around $1 billion after a $2.5 billion peak in November 2024, there are high hopes for the prediction market site upon its return to the US. However, the company still faces some restrictions in other countries, including Singapore, France, Thailand, and so on.

Polymarket And Chainlink Build New Partnership

In a press release on Friday, Chainlink disclosed its partnership with Polymarket to integrate its oracle network into the prediction platform’s resolution process. The blockchain network claims that this collaboration will improve the accuracy and speed of Polymarket’s market resolutions.

Sergey Nazarov, Chainlink co-founder, said:

Polymarket’s decision to integrate Chainlink’s proven oracle infrastructure is a pivotal milestone that greatly enhances how prediction markets are created and settled. When market outcomes are resolved by high-quality data and tamper-proof computation from oracle networks, prediction markets evolve into reliable, real-time signals the world can trust.

Chainlink joins Polymarket’s growing list of strategic partnerships, coming after the prediction platform’s collaboration with Elon Musk’s X to launch an integrated product that offers data-driven insights and recommendations to users.

The price of LINK token on the daily timeframe | Source: LINKUSDT chart on TradingView

Featured image from The Information, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

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September 14, 2025 0 comments

GameFi Guides

Polymarket prepares for U.S. debut with $10B funding round

by admin September 13, 2025

Prediction platform Polymarket is preparing for its latest funding round, with the potential to reach a valuation of $10 billion.

Summary

Polymarket is preparing for a U.S. debut with the latest funding round
The company’s valuation could range from $3 billion to $10 billion
Polymarket secured a green light to restart its U.S. operations after Donald Trump Jr. joined its board

Investor interest in blockchain platforms is rising, and crypto firms are seeking to capitalize on it. Global prediction platform Polymarket is preparing for another funding round that could send its valuation to $10 billion. According to a Business Insider report on Friday, Sept. 12, investor interest in the platform is high.

Insiders believe that the company could achieve a valuation of at least $3 billion and as much as $10 billion. In its last funding round, closed in the summer of 2025, the company was valued at $1 billion.

Polymarket prepares for U.S. debut

The news comes as Polymarket prepares for the relaunch of its U.S. operations for the first time since January 2022. At the time, the Commodity Futures Trading Commission charged the firm with offering off-exchange “event-based binary options” without registering.

However, under new management, the CFTC has rescinded its earlier decision. On Sept. 3, Polymarket’s founder, Shayne Coplan, revealed that they had received a green light to once again enable U.S. investors to trade.

Polymarket has been given the green light to go live in the USA by the @CFTC.

Credit to the Commission and Staff for their impressive work. This process has been accomplished in record timing.

Stay tuned https://t.co/NVziTixpqO

— Shayne Coplan 🦅 (@shayne_coplan) September 3, 2025

The news came after Donald Trump Jr joined the company’s advisory board following an investment from 1789 Capital on Aug. 26. The connection to the U.S. president’s son could have given Polymarket the regulatory weight it needed in Washington.

“Polymarket is the largest prediction market in the world, and the U.S. needs access to this important platform,” said Donald Trump Jr. “Polymarket cuts through media spin and so-called ‘expert’ opinion by letting people bet on what they actually believe will happen in the world.”

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September 13, 2025 0 comments

NFT Gaming

Polymarket News: Valuation Soars Through Summer

by admin September 12, 2025

Polymarket, the online betting exchange where users wager on real-world outcomes, has weighed a deal that would value the company at $9 billion, according to The Information.

The number marks a sharp climb from its $1 billion valuation just three months ago, when it raised funds in a round led by Peter Thiel’s Founders Fund.

The rise comes as regulators loosen restrictions. In 2021, the Commodity Futures Trading Commission barred Polymarket from offering prediction contracts in the U.S. But earlier this year the agency gave the platform the green light to operate domestically, opening the door for new growth.

Polymarket allows users to place bets on political elections, court rulings and geopolitical events. During the last U.S. election cycle alone, the site processed more than $8 billion in wagers. That puts it ahead of sports betting giants FanDuel, DraftKings and Betfair in terms of online traffic.

Competitor Kalshi has also seen its valuation rise. The company, which offers similar real-money event contracts, is now valued at $5 billion, up from $2 billion earlier this year, according to the same report. The jump suggests investors are betting that regulated prediction markets could become mainstream.

Polymarket has also attracted politically connected backers. Donald Trump Jr.’s venture capital firm, 1789 Capital, invested in the company in a deal worth tens of millions of dollars, with Trump Jr. joining as an advisor.

Prediction markets like Polymarket remain controversial in Washington, where critics argue they risk fueling misinformation. Supporters, however, say they provide a transparent gauge of public expectations on political and global events.

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September 12, 2025 0 comments

NFT Gaming

Polymarket Taps Chainlink for More Accurate Prediction Market Resolutions

by admin September 12, 2025

In brief

Chainlink’s data streams have been integrated into Polymarket.
They will serve as a resolution source for markets that hinge on price.
Polymarket’s oracle system, UMA, has previously drawn controversy.

Polymarket is taking a new approach to how certain markets are resolved on its platform, giving oracle platform Chainlink authority over some of its users’ price predictions.

Focusing on the “accuracy and speed” of markets that hinge on the performance of digital assets, Chainlink said in a press release on Friday that it is now Polymarket’s go-to source for determining whether a price was reached within a certain period of time.

In a statement, Chainlink co-founder Sergey Nazarov called it a “pivotal milestone,” saying “high-quality data and tamper-proof computation” can bolster trust in prediction markets. (Disclaimer: Myriad Markets is a product of Decrypt’s parent company, DASTAN.)

Although the partnership with Polymarket will initially focus on markets for Bitcoin and other cryptocurrencies—Chainlink’s data streams provide data on 366 trading pairs—Chainlink said the firms are also exploring ways to tackle “more subjective questions.”

Could that include whether Ukrainian President Volodymyr Zelenskyy wore a suit, or whether the OceanGate’s Titan submersible had been found? In both instances, some Polymarket users cried foul, arguing that the wrong outcome was reached after UMA’s dispute system kicked in.

Polymarket declined to comment to Decrypt.

Chainlink continuously fetches and aggregates off-chain data from multiple sources, but as Polymarket’s primary oracle, UMA’s system determines what is true by asking token holders to weigh in and vote on resolutions with tokens that they own.

UMA’s protocol features incentives that are designed to encourage truth-seeking, but some have claimed that the system can be manipulated by token-rich stakeholders.

In March, Polymarket acknowledged that one market involving a minerals deal between the U.S. and Ukraine “resolved against the expectations of our users and our clarification” due to UMA, but it still said the outcome “wasn’t a market failure,” so it couldn’t offer refunds.

Last month, UMA passed a proposal that limited who can propose resolutions for Polymarket disputes. It involved the creation of an allowlist that initially had 37 proposers, according to an official update posted within UMA’s Discord server.

Chainlink’s tie-up with Polymarket comes as the oracle platform onboards other high-profile names. Earlier this week, co-founder Nazarov said that Chainlink is collaborating with additional Trump administration agencies to bring certain functions of the federal government on-chain, after working with the Department of Commerce on data feeds.

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September 12, 2025 0 comments