Polymarket, Myriad, Kalshi: Forecasting the future of the market will shift from Web2 to Web3
Source: CoinWorld
Time: 2025-09-19 04:02:15
Toni Gemayel, a former Polymarket executive, announced a $15 million investment in The Clearing Company, a company invested by Coinbase Ventures, aims to create the first regulated on-chain forecasting market. Polymarket had more than $644 million in August, dominating the Web3 betting space, with 40% of which comes from sports and cryptocurrencies. Web3 forecasts the market with composability, efficiency and transparency, and is expected to grow to $95.5 billion by 2035.