Bitwise CIO: Polymarket brings global scale and liquidity to prediction markets with cryptocurrency technology

ChainCatcher news, Bitwise Chief Investment Officer Matt Hougan recently expressed the view that while prediction markets are not new, Polymarket has brought unprecedented global scale and liquidity through its crypto-native features.

Hougan emphasized that a prediction market without participants placing bets cannot truly be called a prediction market, and Polymarket's crypto-native characteristics have helped it achieve the scale and liquidity necessary to become an effective prediction market.