Exclusive agreement with Nasdaq Private Market gives individuals exposure to private companies for the first time
Polymarket has partnered Nasdaq Private Market (NPM) to launch its first prediction markets tied to private company performance and milestones.
Through an exclusive agreement, NPM will serve as the resolution data provider for private company markets on Polymarket.
“Prediction markets are one of the most powerful tools we have for democratizing access to financial information and opportunity,” said Polymarket founder and CEO Shayne Coplan. “Today’s launch brings that power to one of the last frontiers of financial markets that retail participants have never been able to access.
“For the first time, anyone can engage with the outcomes driving value at the world’s most consequential private companies.”
By pairing Polymarket’s prediction market infrastructure with NPM’s data on primary and secondary market activity, the new offering gives individuals a transparent way to engage with verifiable private company events, which may include valuation milestones, IPO timing and secondary market activity.
“Nasdaq Private Market has established itself as a trusted source of liquidity and investment infrastructure across the private market ecosystem,” said Tom Callahan, CEO of Nasdaq Private Market. “Polymarket has built the platform that can open access to a broader audience. We are proud to provide the data that ensures every market resolves accurately. When retail participants enter any market, high-integrity data matters.”
The new offering also creates an additional price discovery tool for institutional investors.
“The data flows in both directions,” said Rodolfo Sanchez, vice president of data at Nasdaq Private Market. “We anchor every market with institutional-quality data on the underlying companies, and the activity in those markets becomes a real-time signal that institutional investors can use on private company performance reflected back through a much broader market.”
The first private-company prediction markets launched on Polymarket yesterday, with additional markets rolling out on an ongoing basis.
Nasdaq Private Market was spun off from Nasdaq in 2021 into a privately held joint venture, which is backed by Nasdaq alongside a consortium of major global financial institutions, including Goldman Sachs, Morgan Stanley, Citi, Bank of America, and UBS.