Blockchain gambling giants seek $10 billion in regulatory game
Source: CoinWorld
Time: 2025-09-13 03:31:16
Polymarket, a blockchain-based prediction market platform, is reportedly preparing for the U.S. economic recovery, with a valuation of about $10 billion. The platform allows users to bet on real-world events such as elections and awards, and uses smart contracts to enable transparent, unintermediated payments. Its growth momentum stems from increasing user engagement, compliance efforts and expanded event coverage, attracting retail and institutional investors. Despite regulatory challenges, the company remains optimistic and focuses on R&D to improve forecast accuracy and maintain a competitive advantage.