Polymarket will provide clearing services for DraftKings Prediction Market
2025-10-22 20:05:50
Polymarket will become the designated clearing house for the upcoming Prediction Market following DraftKings' acquisition of Railbird. The move marks an important development for Polymarket in the clearing business for institutions. Polymarket has a significant presence in the global retail prediction market. Industry insider Dustin Gouker believes that the addition of DraftKings will have a significant impact on existing platforms such as Kalshi. Previously, Polymarket has started testing sports betting applications in the United States. Earlier in the day, Polymarket also signed a multi-year licensing agreement with the US Ice Hockey League.
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