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Research: Polymarket's official startup narrative is untrue, early origins have hidden circumstances.

2026-07-02 03:40:14

Abstract generation in progress

Mars Finance News, investigative reporter Whitney Webb released a series of investigations into Polymarket's origins and ambitions. She stated that the official Polymarket narrative that "Shayne Coplan founded the company alone in 2020 and started his business in the bathroom" is not true, and that Polymarket's roots can be traced back to an earlier company called TokenBnk, and is associated with Israeli-related crypto projects. Webb said that the first part of the series will sort out Polymarket's early history and discuss its potential connections with Peter Thiel-related forces and DARPA's early prediction market projects.

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