Polymarket, a decentralized prediction market platform, has introduced new categories allowing users to bet on corporate earnings reports. This expansion comes amid speculation about Polymarket potentially issuing a token, following a recent filing with the SEC. The platform has also integrated Chainlink's oracle infrastructure to enhance market solutions on the Polygon mainnet.
In collaboration with Stocktwits, Polymarket has launched a prediction market focused on company earnings, offering real-time pricing and market trend discussions. Meanwhile, competitor Kalshi is facing legal challenges in several states but is poised to double its valuation to $5 billion after securing new financing. Other players in the prediction market, such as PredictIt and Crypto.com, are also making strides, with PredictIt resolving legal issues with the CFTC and Crypto.com launching a sports prediction market in the US.
Polymarket Expands with New Prediction Categories Amid SEC Speculation
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