The Polymarket platform has launched new prediction markets tied to private companies. This allows users to trade on events related to pre-IPO companies. This step is expected to make the price discovery process more transparent in private markets, where data scarcity is common. This was reported by Cointelegraph.com reports .
The new service was developed in partnership with Nasdaq Private Market, which facilitates secondary trading of private company shares. Nasdaq Private Market provides the database and market infrastructure necessary for the contracts. The markets are designed to reflect funding rounds, valuation changes, and corporate events involving startups.
This initiative is aimed at expanding Polymarket's reach to financial users beyond politics and macroeconomic events. Currently, there are about 1,600 "unicorn" companies worldwide with a valuation of over $1 billion, and their total value exceeds $5 trillion.
Experts believe that the institutionalization of prediction markets is intensifying. Although retail traders currently account for 80% of trading volume, the improvement of the regulatory environment in the US and the development of market infrastructure are increasing the interest of professional investors.
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