Polymarket announced on Tuesday that it is launching a new category of prediction markets tied to private company milestones, including IPO timing, valuations, earnings, and secondary market activity, with resolution data sourced exclusively from Nasdaq Private Market via a new partnership. Early markets include contracts tied to companies like OpenAI, Anthropic, Stripe, Databricks, and Kraken reaching specific valuation thresholds by certain dates, with the platform pitching the new offerings as a real-time signal for institutional investors tracking private market sentiment and pricing trends. The launch comes as crypto platforms expand their products tied to private company valuations, including Hyperliquid-based TradeXYZ which earlier this month rolled out pre-IPO perpetual futures tied to companies like Cerebras and SpaceX, though Polymarket's approach focuses on event contracts tied to milestones rather than equity ownership. Polymarket has recorded just shy of $39B in U.S. volume so far in 2026, with new market launches climbing to consecutive monthly highs over the past year.
