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Polymarket Plots US Comeback with Bold $112M Crypto Exchange Takeover
Polymarket Plots US Comeback with Bold $112M Crypto Exchange Takeover
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Polymarket—the prediction market platform that got booted from US soil—is making a power play to return. Their weapon? A $112 million acquisition of a crypto exchange that could crack open regulatory doors.
Why this matters: The move signals DeFi's relentless push into mainstream finance—wall street suits be damned. Polymarket's betting big that buying infrastructure beats begging regulators for permission.
The cynical take: Because nothing solves regulatory headaches like throwing nine figures at the problem. Meanwhile, traditional finance still thinks 'blockchain' is a type of bike lock.
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