Polymarket brings in Palantir to monitor sports betting markets

Polymarket partnered with Palantir and TWG AI to monitor trading on its sports prediction contracts. The system will detect suspicious activity and help prevent insider trading.

The platform will screen users against lists of participants banned from sports betting. It will also flag unusual trading patterns and report potential violations.

The monitoring tools are expected to run on a US-regulated venue Polymarket is developing, while its main platform remains offshore.

Prediction markets have seen trading volumes surge over the past year, largely driven by sports contracts.

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