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Polymarket Integrates Pyth Network for Markets
The Block·
Prediction market platform Polymarket is integrating with Pyth Network to facilitate the resolution of new US equity and commodity markets. This collaboration aims to leverage Pyth Network's oracle services for accurate and reliable data feeds, crucial for the functioning of prediction markets. The move signifies an expansion for Polymarket into more traditional financial asset classes, utilizing blockchain technology for decentralized prediction mechanisms. This integration could enhance the transparency and efficiency of these markets, potentially attracting more users and volume to the platform.
Tags
fintech
crypto
regulation
Original Source
The Block — theblock.co