Polymarket Expands into Traditional Finance with Stock and Index Betting
Prediction platform Polymarket is making a strategic pivot into traditional finance, introducing 'up/down' markets for stocks and indices. This MOVE bridges crypto-native speculation with mainstream financial markets, capitalizing on growing institutional interest in event-based trading.
The new Finance section covers Equities, Commodities, and IPOs, with price data verified by Wall Street Journal and Nasdaq sources. A $2 billion investment from Intercontinental Exchange (ICE) values the platform at $9 billion as it diversifies beyond political and macroeconomic contracts.
MetaMask integration and 4% yield rewards position Polymarket as a hybrid platform appealing to both crypto traders and traditional investors. The expansion comes as regulated prediction markets gain traction among institutional participants seeking alternative risk exposure.
