Polymarket operates a decentralized prediction market where users trade crypto against outcomes of real-world events, from elections to sports. Bets are placed by buying and selling shares tied to event results; outcomes are resolved by decentralized oracles and rewards are paid in cryptocurrency. The platform blends a familiar trading interface with blockchain-based transparency and immutability, and it now operates in the U.S. through the acquisition of QCX, a CFTC-licensed exchange. Its goal is to offer hedging and speculative opportunities on real-world events while combining crowd-sourced forecasting with regulated crypto trading in the United States.
Company Size
501-1,000
Company Stage
Growth Equity (Venture Capital)
Total Funding
$3.9B
Headquarters
New York City, New York
Founded
2018
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Polymarket has introduced self-exclusion options and deposit limits to help users manage compulsive trading behaviour on its prediction market platform. Users can now lock themselves out for 30 days, one year, or permanently, the company announced on Wednesday. US users can set daily, weekly, or monthly deposit limits across all funding methods. Lowering a limit takes effect immediately, whilst increases require a cooling-off period. The platform has partnered with Birches Health to provide clinical assessments and telehealth treatment for users experiencing compulsive financial trading behaviour. The measures come as prediction markets face growing regulatory scrutiny. Last week, Polymarket sued New York Attorney General Letitia James, who had challenged the platform over allegations of illegal gambling operations.
MLB Polymarket promo code "CLEVE" Offers $50 bonus for White sox-astros matchup. In an exciting development for baseball fans, Polymarket has introduced a new promo code, "CLEVE," designed to enhance the betting experience for the upcoming game between the Chicago White Sox and the Houston Astros. This initiative is particularly aimed at newcomers to Polymarket, a popular platform for sports betting and prediction markets. With the activation of the promo code, individuals who are signing up for a new account with Polymarket can take advantage of a generous bonus. By making a minimum deposit of $10, users will receive an additional $50 to place on the highly anticipated matchup. This offer presents an excellent opportunity for fans who want to engage more deeply with the game while exploring the world of sports betting. Polymarket operates uniquely compared to traditional sportsbooks, allowing users to bet on various outcomes of events, including specific game results, player performances, and even broader league implications. This flexibility appeals to a wide range of bettors, from casual fans to seasoned gamblers, all looking to capitalize on their predictions. As the White Sox prepare to face off against the Astros, the stakes are high. Both teams have passionate followings and are known for their competitive spirit, making this matchup a focal point for baseball enthusiasts. The introduction of the promo code "CLEVE" not only encourages fans to participate but also enhances the overall excitement surrounding the game. For those interested in utilizing the promo code, the process is straightforward. Potential users can visit the Polymarket website, create an account, and enter the code during their first deposit. The $50 bonus will then be credited to their account, allowing them to explore various betting options as the game approaches. This promotion reflects Polymarket's ongoing efforts to engage with the baseball community and expand its user base. By offering enticing bonuses, the platform aims to attract new bettors who may be curious about the innovative betting landscape that Polymarket provides. As the game day nears, fans are encouraged to take advantage of this offer and immerse themselves in the thrill of betting on their favorite teams. The White Sox versus Astros game promises to be an exciting event, and with the added incentive of the Polymarket promo code "CLEVE," participants can enjoy an enhanced experience while supporting their teams. In summary, this initiative not only provides a financial boost for new users but also fosters a greater connection between fans and the sport, making it a win-win situation for all involved.
Polymarket hires Goldman Sachs veteran to lead institutional growth. Lisa Mantil will help attract Wall Street liquidity as prediction markets expand beyond retail trading and sports-related contracts. By Sonny Jang Published Sep 29, 2026, 8:21 AM EDT Polymarket has hired Lisa Mantil as head of institutional growth, adding a nearly three-decade Goldman Sachs veteran to its effort to attract deeper Wall Street liquidity. Mantil most recently served as a Goldman Sachs partner and global head of the bank's ETF accelerator, an internal platform that helped clients launch investment products. She will join Polymarket as the prediction-market exchange expands its U.S. business after an official launch in May. Discover more Cryptocurrency exchange listing Secure crypto wallet Currencies & Foreign Exchange Her appointment comes as prediction markets seek to broaden participation beyond retail traders. Trading activity has grown over the past year, with sports-related offerings driving much of the increased retail interest, while platforms now pursue institutional liquidity and larger traders. Polymarket CEO and founder Shayne Coplan said Mantil's institutional experience and relationships will support the company's expansion. Mantil will focus on developing Polymarket's institutional business and extending the use of prediction markets across investment and risk-management strategies. Institutional adoption remains in its early stages. Prediction-market platforms are facing regulatory disputes with U.S. states over oversight of sports-related event contracts, creating uncertainty around how those products can operate across the country. Discover more Market data API Bitcoin investment guide The industry is also building market infrastructure for professional participants. Kalshi became the first exchange to complete a block trade in April. Polymarket's international platform, which operates on the Polygon blockchain and is not regulated in the United States, completed its first block trade one month later. Polymarket has also continued expanding its leadership team. The company hired Warren Jenson as chief financial officer earlier this month. Jenson previously held roles at Amazon and Delta Air Lines. Mantil's appointment gives Polymarket a senior executive focused on institutional growth as the exchange develops its U.S. operations and seeks to bring larger traders into prediction markets.
Polymarket has hired Lisa Mantil, a nearly 30-year Goldman Sachs veteran, as head of institutional growth. Mantil, who was most recently a Goldman partner and global head of the bank's ETF accelerator, will lead efforts to attract Wall Street liquidity to the prediction market platform. The hire comes as prediction markets increasingly seek institutional participation after being driven to relevance by retail traders. Polymarket launched its US exchange in May and has been expanding rapidly, recently appointing Warren Jenson as chief financial officer. Institutional adoption remains in early stages, with some firms hesitant amid regulatory disputes over sports-related event contracts. However, platforms are actively courting large traders, with rival Kalshi completing the first block trade in April.
Corporate treasuries add Bitcoin (BTC), Ether (ETH) and Solana (SOL). Strategy added 1,666 BTC, while Bitmine increased its Ether holdings by 17,362 ETH and DFDV added about 47,700 SOL last week. By John Kim Published Sep 28, 2026, 9:46 PM EDT Mentioned assets Several corporate crypto treasuries added digital assets last week, with purchases spanning Bitcoin (BTC), Ether (ETH) and Solana (SOL) across multiple corporate holdings. Strategy added 1,666 BTC, while Strive spent $94.5 million to acquire 1,107 BTC. Strive's total holdings rose to 27,462 BTC, and Strategy's Bitcoin position showed an unrealized gain of $6.731 billion. Bitmine increased its holdings by 17,362 ETH, bringing its total above 6 million ETH. Its Ether position showed an unrealized loss of about $3.925 billion. DFDV added about 47,700 SOL, increasing its total holdings to 2.538 million SOL. Citi and Coinbase partnered to provide stablecoin payment services for institutional clients. Discover more Crypto market analysis Take Economics Courses Bitcoin investment guide Polymarket plans to begin testing a new central limit order book (CLOB) market-maker system in November and intends to conduct two migration rehearsals. Pumpfun's seven-day revenue surpassed Hyperliquid, placing it third among crypto applications.