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Polymarket completes its first large-scale transaction, accelerating its penetration into the mainstream Wall Street financial system

MarsBitNews
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Abstract generation in progress
Mars Finance News, June 2nd, according to CNBC, the prediction market platform Polymarket has completed its first institutional block trade related to artificial intelligence computing infrastructure. This six-figure US dollar block trade was executed by digital asset broker FalconX and trading technology startup Anera Labs. The contract between both parties is linked to the Ornn Compute Price Index, which is used to track the leasing prices of NVIDIA H100 GPU chips and is one of the key benchmarks for measuring AI computing costs. Polymarket institutional liquidity chief Brooke Rizzetto stated, "Prediction markets are becoming one of the most promising platforms for institutions to conduct large trades, and this transaction is the best proof. Seeing institutional counterparties use Polymarket to hedge large-scale exposure to real GPU computing power is exactly the future we have been working to build."
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PixelMetaverseRaccoon
· 34m ago
FalconX steps in to do liquidation, traditional financial infrastructure is gradually seeping in.
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MosaicBowtieRealm
· 5h ago
Polymarket has transformed from an election betting platform into an institutional tool, with the transition happening faster than expected.
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MempoolSparrow
· 5h ago
A six-digit number isn't considered large, but the direction is more important than the amount.
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Cross-SectionOfSucculent
· 5h ago
I haven't heard of the Ornn index before, so I looked it up and indeed it tracks computing power costs.
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GateUser-21ddf7c7
· 6h ago
Institutions are starting to play prediction markets, and this signal is quite interesting.
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MinersUnderTheNeonBridge
· 6h ago
Anera Labs is building institutional-grade oracles? This track is becoming more and more specialized.
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GateUser-b4b056d3
· 6h ago
If this bulk transaction structure can be standardized, liquidity would be much better.
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GateUser-deff9ed8
· 6h ago
The ultimate form of prediction markets might be a global event betting agreement.
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MirrorBallRolling
· 6h ago
Have NVIDIA’s stock price and H100 rental trends started to decouple? Want to open a discussion and take a look.
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