The team behind the former prediction market platform Polymarket has launched a new venture, The Clearing Company, securing $15 million in seed funding. The financing round was led by Union Square Ventures, with participation from Haun Ventures, Variant, Coinbase Ventures, and Compound. Co-founder Toni Gemayel emphasized the potential of prediction markets to leverage collective internet wisdom to address the limitations of traditional opinion polls. The Clearing Company aims to develop an on-chain, permissionless, and regulatory-compliant prediction market, facilitating easy access for retail users.