Polymarket launches revenue forecast market for listed companies

According to ChainCatcher, the decentralized forecasting market platform Polymarket announced the launch of a new forecast category that allows users to predict bets on listed companies' financial reports. The platform has reached a partnership with trading social platform Stocktwits to combine Polymarket’s forecast market with Stocktwits’ trading community to provide users with real-time, group pricing probability predictions. Users have now begun to forecast earnings for companies such as FedEx and crypto exchange Bullish. Earlier, Polymarket CEO Shane Coplan revealed that the platform has been approved by the U.S. Commodity Futures Trading Commission (CFTC) to operate in the U.S. and is reportedly considering raising new funds at a valuation of $9-10 billion.