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According to CNBC, Polymarket has completed its first block trade.
The six-figure transaction was executed between crypto prime broker FalconX and AI risk market infrastructure company Anera Labs, involving the Ornn Compute Price Index contract that tracks the rental price of Nvidia H100 GPUs.
Polymarket stated that this is its platform’s first institutional block trade, reflecting that prediction markets are gradually being used to hedge real-world risk exposure.
FalconX will also serve as a market maker for Polymarket’s block trading platform in the future.