The partnership will enable trading on private-company events like valuations and IPO timing using Nasdaq data.
Polymarket, the largest onchain prediction market, has partnered with Nasdaq Private Market to launch trading on private-company outcomes. The new markets will cover events such as valuation changes, IPO timing, and secondary-market activity, with Nasdaq serving as the official data provider for resolution.
This marks the first expansion of prediction markets into private firms, extending beyond traditional public market events. Nasdaq Private Market will supply verified data to ensure accurate market settlements, addressing transparency concerns in private markets.
The collaboration aims to provide investors with new tools to hedge or speculate on private-company developments, potentially increasing liquidity in the space.