Timely Insights

How Crypto Powers the World’s Largest Prediction Market

San Francisco • October 29, 2024

With 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


About Bitwise

Bitwise Asset Management is the largest crypto index fund manager in America. Thousands of financial advisors, family offices, and institutional investors partner with Bitwise to understand and access the opportunities in crypto. For seven years, Bitwise has established a track record of excellence managing a broad suite of index and active solutions across ETFs, separately managed accounts, private funds, and hedge fund strategies. Bitwise is known for providing unparalleled client support through expert research and commentary, its nationwide client team of crypto specialists, and its deep access to the crypto ecosystem. The Bitwise team of more than 80 professionals combines expertise in technology and asset management with backgrounds including BlackRock, Millennium, ETF.com, Meta, Google, and the U.S. Attorney’s Office. Bitwise is backed by leading institutional investors and has been profiled in Institutional Investor, Barron’s, Bloomberg, and The Wall Street Journal. It has offices in San Francisco, New York, and London. For more information, visit www.bitwiseinvestments.com.

Author
  • Matt Hougan

    Matt Hougan

    Chief Investment Officer
Share
  • Copied to Clipboard