Polymarket Versus Pundits: Crypto Offers Prediction Competition

In this edition of the Bloomberg Crypto newsletter, Muyao Shen makes some predictions about the future of predictions markets.

Taking a look at the X feed of Shayne Coplan, the founder of the blockchain-based betting platform Polymarket, it’s easy to buy into what he believes: Prediction markets are the future of news, at least stories trying to predict the outcome of big events.