Polymarket, the prediction market platform, introduces new markets that allow users to trade on events tied to private companies. According to reports, the update lets users make bets related to private companies’ valuations, upcoming initial public offerings (IPOs), and secondary-market activity. The new features are launched as part of what the company describes as prediction markets connected to private company performance, with the focus on events that participants would consider relevant to how private firms are progressing.

The coverage also frames the change as potentially useful beyond retail trading. One outlet says the offering can provide institutional investors with an additional signal about how private markets are performing, alongside other information they track. Overall, the new markets broaden Polymarket’s scope from more traditional, widely public events to company-specific outcomes that are not limited to public-sector information.

The reports characterize the move as a Tuesday launch and emphasize the ability for participants to bid on outcomes tied to private-company fortunes, valuations, and liquidity events such as IPOs and secondary trading.