The Bad PlaceUS Top News and Analysis | Polymarket launches private company trading so investors can speculate on Anthropic, OpenAI
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Polymarket is expanding into private‑company prediction markets, offering contracts that let traders speculate on milestones such as valuations, IPO timing, and secondary‑market activity for firms like OpenAI and Anthropic. Nasdaq Private Market will serve as the exclusive resolution data provider, making valuation data publicly available for free and determining contract payouts. These contracts give ordinary investors a way to engage with private‑market value creation without equity ownership, while providing institutions a real‑time signal on private‑company momentum. Examples include a market on whether OpenAI will achieve a $1 trillion‑plus IPO before 2027 and whether Anthropic will reach a $500 billion valuation in 2026, as well as a contract on whether Anthropic will be valued higher than OpenAI within the year.