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Elon Musk's xAI and Shayne Coplan's Polymarket in Deal

Summary by Coin Desk
Shayne Coplan, the prediction market's CEO, said that the two "truth-seeking apps" would be stronger together.

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Elon Musk formalizes a strategic partnership between X and Polymarket, affirming his willingness to replace traditional polls and media with predictive crypto markets. Polymarket makes it possible to bet on major events with USDC, and has experienced a strong growth with more than 7,000 markets created in April, despite a decline in attendance since his peak in the elections. This rapprochement is beginning a new era for X: direct integration of…

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Coin Desk broke the news in Manila, Philippines on Friday, June 6, 2025.
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