The overall valuation of the prediction market continues to rise ⚡️
1️⃣ CITADEL LOOKING TO EXPLORE PREDICTION MARKETS ACCORDING TO BLOOMBERG
Founded in 1990, Citadel, with a 35-year history, has expressed its intention to explore the prediction market space, currently boasting over $60 billion in AUM.
Everyone knows that @KaitoAI's founder Yu Hu @Punk9277 comes from Citadel. Is it possible that Kaito is indeed building its own prediction market, and is even being invested in by its former employer?
If so, that would be a huge positive for $KAITO.
2️⃣ The parent company of the NYSE, Intercontinental Exchange, is set to invest $2 billion in @Polymarket.
The NYSE’s Owner, Intercontinental Exchange, Nears Deal To Invest $2B Into Polymarket
Source: WSJ
This deal raises Polymarket's valuation to $9 billion (9B).
This news has significantly increased market attention on prediction markets.
Leading the charge are Limitless and other small on-chain coins?
Limitless could start with a $2B launch, which would mean a 26x return on Kaito's investment cost ($75M).
Shill me your Pred coins 🫣
Show original
7.41K
33
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.