Polymarket announced Friday an official partnership with X and will serve as the social media platform's official prediction market partner.
Key takeaways
- Polymarket and X announced a deal where Polymarket will be X's official prediction market partner.
- Intergrated product between both companies launched today.
- Polymarket is technically not allowed in the United States to offer event markets.
Polymarket will combine its predictions with X data to provide live insights, incorporating real-time annotations explaining market moves directly from Grok and relevant X posts. The new integrated product went live today and is the first of a number of integrations and unique experiences Polymarket and X plan to jointly develop.
“Combining Polymarket’s accurate, unbiased, and real-time prediction market probabilities with Grok’s analysis and X’s real time insights will enable us to provide contextualized, data-driven insights to millions of Polymarket users around the world instantaneously,” said Shayne Coplan, founder and CEO of Polymarket in an official news announcement. “We are proud to work with X as the official prediction market partner and to continue our fruitful collaboration developing an innovative suite of product integrations. We look forward to enhancing X and Polymarket users’ ability to make instant sense of breaking news and make informed decisions about the future as we continue to scale our platform.”
However, one major drawback to the deal is in the United States where Polymarket isn't available.
Back in January 2022, the Commodity Futures Trading Commission (CFTC) ordered the company to pay a $1.4 million penalty for offering event-based markets and issued a cease-and-desist.
“Polymarket ensures transparency through its prediction markets, and has grown into a staple source of real-time information for many X users,” said Linda Yaccarino, CEO of X. “We are pleased to partner with Polymarket and look forward to bringing our data and technology to Polymarket users through a range of creative product integrations.”
we’re joining forces with Polymarket as our official prediction market partner@X 🤝 @Polymarket
— X (@X) June 6, 2025
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Down this road before
In late May, another major prediction company - Kalshi - prematurely announced a partnership with xAI, whose majority owner is Elon Musk.
Kalshi's CEO Tarek Mansour posted the pending collaboration, but a few hours later the posts were taken down.
