Polymarket Launches Prediction Markets for OpenAI, Anthropic, Ripple in Partnership With Nasdaq

Crypto prediction markets platform Polymarket has launched markets to track the performance of private companies. The platform has partnered with Nasdaq to launch these markets, as the Nasdaq Private Market will provide the data needed to resolve them.

Polymarket Launches Prediction Markets Tracking Private Companies

In a press release, Polymarket announced the launch of the first prediction markets tied to private company performance and milestones. The platform noted that these new offerings give market participants exposure to some of the most sought-after private companies while also signaling to institutional investors how private markets are unfolding.

As part of the launch, the crypto prediction markets platform has entered into an exclusive agreement with the Nasdaq Private Market, which will serve as the resolution data provider for the private company markets on the platform. Notably, the Nasdaq Private Market tracks private companies such as OpenAI, Anthropic, SpaceX, and crypto firm Ripple.

Polymarket noted that private companies are creating more value today than at any point in modern history. “Nearly 1,600 unicorns globally now hold more than $5 trillion in cumulative value, yet access has been largely reserved for institutions and high-net-worth investors,” the platform said.

As such, the prediction markets platform sees this as an opportunity for the vast majority of individuals to gain exposure to this value creation in private companies even before they go public. Private companies such as OpenAI and SpaceX have already indicated an intention to go public soon. As CoinGape reported, SpaceX is eyeing a valuation of up to $1.75 trillion, which could be the largest IPO ever.

Democratizing Access To Financial Opportunity For Retail Investors

Polymarket CEO Shayne Coplan noted that prediction markets are one of the most powerful tools for democratizing access to financial information and opportunity. He noted that the launch of these markets brings power to one of the last frontiers of financial markets that retail investors have never been able to access.

“For the first time, anyone can engage with the outcomes driving value at the world’s most consequential private companies,” he said. Coplan added that the new offering from the top crypto prediction-markets platform provides individuals with a transparent way to engage with verifiable private company events, including valuation milestones, IPO timing, and secondary-market activity.

Amid the launch, Polymarket has released a new market for what Anthropic’s valuation will be by year-end. Data from the platform shows an 88% chance that the AI firm’s valuation will be $1 trillion or above by December 31.