On November 10th, cryptocurrency investment firm 1confirmation shared their Q3 2024 LP letter on social media. Founder Nick Tomaino highlighted that their largest investment so far has been in Polymarket, a real-time prediction tool. Polymarket has seen significant growth since 2020, reaching over $2.6 billion in trading volume and becoming the best source for US Presidential Election news.
Despite some analysts predicting a decline in trading volume post-election, Tomaino believes the market will grow 100 times in the coming years, with Polymarket leading the trend.
