Polymarket rolls out prediction markets tracking IPOs, valuations for private companies like OpenAI and SpaceX

Polymarket announced on Tuesday that it is launching a new category of prediction markets tied to private company milestones, including IPO timing, valuations, earnings, and secondary market activity.

The crypto-native prediction market platform said the new offerings will exclusively source resolution data from Nasdaq Private Market via a new partnership between the two.

"Prediction markets are one of the most powerful tools we have for democratizing access to financial information and opportunity," Shayne Coplan said in a statement. "Today’s launch brings that power to one of the last frontiers of financial markets that retail participants have never been able to access."

The launch comes as crypto platforms are expanding and experimenting with their own products tied to private company valuations and IPO expectations.

Earlier this month, the Hyperliquid-based TradeXYZ platform rolled out pre-IPO perpetual futures tied to companies like Cerebras and Elon Musk's SpaceX. Its goal is to turn private market sentiment into tradable onchain markets.

However, Polymarket's new offerings focus more on event contracts tied to milestones and outcomes rather than equity ownership.

Early markets seen on the 'New' tab on Polymarket include contracts tied to companies like OpenAI, Anthropic, Stripe, Databricks, and Kraken reaching specific valuation thresholds by certain dates.

The company said it sees these markets as serving as a new real-time signal for institutional investors tracking sentiment and pricing trends.

"Polymarket has built the platform that can open access to a broader audience," Tom Callahan said in a statement. "We are proud to provide the data that ensures every market resolves accurately."

This will also help Polymarket continue to expand the number of contracts available on its platform. New market launches on Polymarket have climbed to consecutive monthly highs over the entire past year, according to The Block's prediction market data. So far in 2026, the platform has recorded just shy of $39 billion in the United States alone.