How Crypto Powers the World’s Largest Prediction Market
San Francisco • Oct 29, 2024With the election just days away, all eyes are on Polymarket—the world’s largest prediction market and one of the most popular sources of information on the race. What most people don’t know is that it runs on crypto.
In this brief video, Bitwise CIO Matt Hougan explains how crypto’s unique features have driven Polymarket’s rise to prominence.
After watching this, you’ll be able to explain:
What Polymarket is
What’s behind its global reach
How crypto enhances the liquidity of its markets
Why Polymarket serves as a model for future crypto applications
Bitwise Asset Management is a global crypto asset manager with more than $15 billion in client assets and a suite of over 30 investment products spanning ETFs, separately managed accounts, private funds, hedge fund strategies, and staking. The firm has an eight-year track record and today serves more than 4,000 private wealth teams, RIAs, family offices and institutional investors as well as 15 banks and broker-dealers. The Bitwise team of over 125 technology and investment professionals is backed by leading institutional investors and has offices in San Francisco, New York, and London.
