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Polymarket announced on Tuesday that it is launching a new category of prediction markets tied to private company milestones

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Polymarket contracts tied to company valuations. Source: Polymarket.

The crypto-native prediction market platform said the new offerings will exclusively source resolution data from Nasdaq Private Market via a new partnership between the two.

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Summary

Polymarket announced on Tuesday that it is launching a new category of prediction markets tied to private company milestones, including IPO timing, valuations, earnings, and secondary market activity. "Prediction markets are one of the most powerful tools we have for democratizing access to financial information and opportunity," Shayne Coplan said in a statement. The launch comes as crypto platforms are expanding and experimenting with their own products tied to private company valuations and IPO expectations. Earlier this month, the Hyperliquid-based TradeXYZ platform rolled out pre-IPO perpetual futures tied to companies like Cerebras and Elon Musk's SpaceX.

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