Polymarket has launched a new feature allowing users to bet on daily price movements of traditional financial (TradFi) stocks, according to BeInCrypto. These bets are structured within 24-hour windows, offering daily payouts without long-term derivative options. This development follows a no-action letter from financial regulators, facilitating Polymarket's re-entry into the U.S. market.
The introduction of this feature coincides with federal regulators considering 'innovation exemptions' for crypto firms, potentially broadening such offerings. Although not officially announced, the feature has been reported through a leaked press release and social media rumors, indicating potential shifts in TradFi-Web3 interactions and raising concerns about financial risks.
Polymarket Introduces Stock Price Betting Amid Regulatory Shifts
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