Chainlink LINK Soars as Strategic Polymarket Partnership Revolutionizes Prediction Markets with Near-Instant Settlement

Chainlink LINK News - Chainlink, a premier blockchain oracle provider, has entered a strategic partnership with Polymarket to transform prediction markets. This collaboration utilizes Chainlink's decentralized oracle networks to facilitate near-instant settlement for asset price-related wagers, substantially cutting latency and counterparty risk. Initial integration centers on markets supported by Chainlink Data Streams, especially cryptocurrency pricing. The technology may later extend to subjective markets, tackling persistent resolution issues in prediction platforms. This development follows Chainlink's recent high-profile engagements with Chinese RWA markets and U.S. government contracts. The partnership marks a technical breakthrough for Polymarket, enabling 15-minute markets with on-chain resolution. As decentralized prediction markets gain momentum, such infrastructure enhancements could speed up institutional adoption and boost market liquidity.