1confirmation: The largest investment project to date is Polymarket

2024-11-10 17:57:00

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ChainCatcher message, cryptocurrency investment firm 1confirmation announced its Q3 2024 LP letter on social media, with founder Nick Tomaino stating in the letter: "The largest investment to date is Polymarket. We invested in this project in its early stages in 2020 and have supported the company to this day. Currently, Polymarket's trading volume has exceeded $2.6 billion and has become the best real-time prediction tool for the U.S. presidential election. You can watch founder and CEO Shayne Coplan discuss how Polymarket has consistently released election news ahead of other media on CNBC.

Some analysts suggest that trading volume will decline after the election, but I believe that the prediction market will grow 100 times in the coming years, with Polymarket leading this trend. Geopolitical, cultural, health, and sports markets will play significant roles in the prediction market, and the growth of the political market will continue."

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