BlockBeats news, on November 10, cryptocurrency investment firm 1confirmation announced its Q3 LP letter for 2024 on social media. Founder Nick Tomaino stated in the letter, "The largest investment to date is Polymarket. We invested in this project in its early stages in 2020 and have continued to support this company up to today. Currently, Polymarket's trading volume has exceeded $2.6 billion and has become the best real-time prediction tool for the U.S. presidential election. You can watch founder and CEO Shayne Coplan discuss how Polymarket continues to release election news ahead of other media on CNBC. Some analysts suggest that trading volume will decline post-election, but I believe that prediction markets will grow 100-fold in the coming years, with Polymarket leading this trend. Geopolitical, cultural, health, and sports markets will play a significant role in prediction markets, and the growth of political markets will continue."