ChainCatcher Message, cryptocurrency investment firm 1confirmation revealed in its Q3 2024 LP letter that Polymarket is its largest investment to date. Founder Nick Tomaino stated that since the early investment in 2020, Polymarket's trading volume has exceeded $2.6 billion and has become the best real-time forecasting tool for the U.S. presidential election.
Although some analysts predict a decline in trading volume after the election, Tomaino believes that the prediction market will grow 100 times in the coming years, with Polymarket leading this trend. Geopolitical, cultural, health, and sports markets will play significant roles in the prediction market, and the growth of political markets will also continue. 📈🌐