Polymarket
Stories tagged Polymarket.
1789 Capital’s $300M Bet Values Polymarket at $21B, Per Unnamed WSJ Sources
WSJ sources say Trump Jr.-linked 1789 Capital will invest $300M in a $1B Polymarket round, valuing the platform at $21B, near Kalshi's…
South Korea Blocks Polymarket, Becomes Fourth Country After France, Germany, Australia
KCSC ruled Aug. 18 that Polymarket's fee-based, order-book model is illegal gambling, rejecting its noncustodial defense.
CLARITY Act Odds Sink: Galaxy Sees 10%, Polymarket Falls From 82% to Under 20%
Galaxy Digital cut its 2026 passage odds to 10% as Polymarket bettors slashed CLARITY Act odds from 82% to under 20%.
JPMorgan Cut Polymarket’s Bank Account in October 2025, FT Reports
JPMorgan ended banking ties with Polymarket over regulatory risk, per FT, yet still courts an IPO underwriting mandate from the $1.4M-settled platform.
Trump Media Sued Over $100,000-a-Month Truth Social Early-Access Feed
A federal suit challenges Truth Social's paid feed, which charges up to $100,000/month for early access to posts eyed by prediction markets.
Binance.US to File CFTC License Bid in August, Eyes Kalshi-Style Markets
Binance.US CEO Steve Gregory says the exchange will seek a CFTC Designated Contract Market license in August to launch prediction markets.
CLARITY Act Odds Sink to 27% on Polymarket as Senate Skips Pre-Recess Vote
Polymarket bettors cut CLARITY Act passage odds to 27-28% after Senate confirms no floor vote before August recess, with 2026 odds at…
Kalshi, Polymarket Win Injunction Blocking Minnesota’s Aug. 1 Trading Ban
Judge Katherine Menendez halts Minnesota's prediction-market ban, ruling CFTC's swap jurisdiction likely preempts the state law.
Fanatics Buys CFTC-Registered Exchange, Deepens Bet on 23-State Markets Unit
Fanatics acquires BGC's Water Street Labs and CX Clearinghouse, gaining a regulated exchange to list and settle its own prediction contracts.
CFTC Issues Second 2026 Warning to Kalshi, Polymarket Over Blanket Filings
CFTC's July 24 advisory flags template-style self-certifications from prediction market operators, days before a July 27 comment deadline.