Predictions platform Polymarket is partnering with Nasdaq Non-public Market to permit customers to commerce personal corporations. Per a press launch from the previous, Nasdaq Non-public Market will function the decision knowledge supplier for occasion contracts involving personal corporations on Polymarket.
In accordance with Polymarket’s press launch, the primary personal firm prediction markets can be found on Polymarket right this moment. Extra markets will proceed rolling out on an ongoing foundation. The brand new providing will give people a strategy to interact with verifiable personal firm occasions, akin to valuation milestones, IPO timing, and secondary market exercise. This latest partnership will enable Polymarket to assist a broader vary of occasion contracts, enabling markets to resolve earlier than corporations ever go public.
“Nasdaq Non-public Market has established itself as a trusted supply of liquidity and funding infrastructure throughout the personal market ecosystem,” mentioned Tom Callahan, CEO of Nasdaq Non-public Market. “Polymarket has constructed a platform that may open entry to a broader viewers. We’re proud to supply the information that ensures each market resolves precisely. When retail contributors enter any market, high-integrity knowledge issues.”
“The info flows in each instructions,” mentioned Rodolfo Sanchez, VP of Knowledge at Nasdaq Non-public Market. “We anchor each market with institutional-quality knowledge on the underlying corporations, and the exercise in these markets turns into a real-time sign that institutional buyers can use on personal firm efficiency mirrored again by way of a wider market.”
