Billionaire Elon Musk's social media platform X announced on Friday that it is partnering with the cryptocurrency-based prediction market Polymarket as its "official prediction market."
"In a sea of noise, prediction markets deliver clarity through a single, powerful signal: price. Polymarket has established itself as the leading authority in accurately forecasting elections, global events, and cultural trends. We're excited for the future of this partnership—stay tuned," the company said in a post on X.
Polymarket is a US-based platform launched in 2022 that lets investors place bets on various future events, including economic reports, geopolitical events, and even the presidential election.
