Former Polymarket Employees Establish New Prediction Market Platform

Source
JH Kim

Summary

  • Former employees of Polymarket have established a new prediction market platform, The Clearing Company.
  • A $15 million seed investment was made, led by Union Square Ventures.
  • Major investors such as Hone Ventures, Variant, Coinbase Ventures, and Compound participated.

On the 27th (local time), cryptocurrency-focused media outlet Blockworks reported that former employees of the prediction market Polymarket have founded a new prediction market platform called The Clearing Company.

The Clearing Company raised $15 million in seed funding led by Union Square Ventures, with participation from Hone Ventures, Variant, Coinbase Ventures, and Compound.

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JH Kim

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