Crypto Betting Platform Polymarket Becomes ‘Official Prediction Market Partner’ for Elon Musk’s X
The crypto betting firm Polymarket is partnering with Elon Musk’s X. Polymarket is now X’s “official Forecast Market Partner” and will kick off the partnership by co-launching a product with the social media platform developed to offer bettors data-driven insights and suggestions, per a brand-new press release. Polymarket chief executive Shayne Coplan states the collaboration will supply both platforms’ users with better ways to ‘make instantaneous sense of breaking news and make informed choices about the future.’ ‘Integrating Polymarket’s accurate, impartial, and real-time prediction market possibilities with Grok’s analysis and X’s real-time insights will enable us to offer contextualized, data-driven insights to millions of Polymarket users around the world instantly. We are happy to deal with X as the official forecast market partner and to continue our rewarding collaboration, establishing an ingenious suite of product combinations.’ Grok is X’s incorporated artificial intelligence (AI) chatbot. In November, the Federal Bureau of Examination (FBI) raided Coplan’s home in the middle of accusations that Polymarket violated a settlement arrangement with the Commodity Futures Trading Commission (CFTC) to obstruct trades by US-based users. But Coplan argued the action was politically motivated. ‘The incumbents must do some self-reflecting and acknowledge that taking a more pro-business, pro-startup technique may be what would have changed their fate this election.’ Follow us on X, Facebook, and Telegram. Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox. Check Price Action at The Daily Hodl. Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency, or digital assets. Please be advised that your trades and transfers are at your own risk, and any losses you might incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney
