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đŸ’„If Red States Want Protection From Collapse They Will Have To Build Alternative EconomiesđŸ’„
October 27, 2022
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Economic centralization is the ultimate form of organized conspiratorial power, because it allows a small group of people to dictate the terms of trade for a society and therefore dictate the terms of each person’s individual survival.

For example, the Federal Reserve as a banking entity has free rein to assert policy controls that can disrupt the very fabric of the US economy and the buying power of our currency. They can (and do) arbitrarily create trillions of dollars from thin air causing inflation, or arbitrarily raise interest rates and crash stock markets. And according to former Fed chairman Alan Greenspan, they answer to no one, including the US government.

I have started to see a new narrative being spread within mainstream media platforms as well as alternative media platforms suggesting that the Fed is necessary because it is working to “counter” the agenda of Joe Biden and the Democrats. Some people claim the central bank is “protecting” America from the schemes of the UN and European interests.

This is perhaps the most moronic theory I’ve ever heard, but it makes sense that the central bank and its puppets would be trying to plant the notion that the Fed is some kind of “hero” secretly fighting a war on our behalf. The money elites associated with the Fed have inflated perhaps the largest financial bubble in the history of the world over the past 14 years. They did this with bailouts, they did this with QE, they did this with covid pandemic checks and loans, and now the bubble is popping. They know it is popping, because they WANT it to pop.

As I have warned for years, the Fed has been staging a massive controlled demolition of the US economy. Why? Because the US economy must be diminished in order to make way for the “Great Reset,” a term created by the World Economic Forum to describe an unprecedented paradigm shift in the global economy and how it operates, and a complete upending of society. The end game is openly admitted – A one world digital currency system and one world governance controlled by a league of corporate partners working in concert with politicians.

This is not conspiracy theory, this is conspiracy reality. This is undeniable fact.

The Fed does not care about the US economy, its loyalty is to a global agenda and it takes its marching orders from a consortium of banking institutions called the Bank for International Settlements (BIS). This is how global central banking policies are coordinated to either work in harmony to create artificial stability, or to work in conflict, creating artificial crisis events.

The truth is, the foundations of global governance already exist, but what the establishment does not have is public acceptance and total submission to their authority. What the banks want is to create a crisis so profound that the masses will run to THEM, begging for help. Once a population begs their captors for relief or resolution and it is given, it’s far less likely that the people will revolt against those captors in the future.

Psychologically, the central banks and the establishment elites are trying to create a planetary Stockholm Syndrome, and we are seeing it already with the Federal Reserve being painted as the “shield” holding back the tide of economic ruin that they actually engineered.

The initial stages of the Great Reset have already been launched. With the economic bubble expanded to incredible levels, the Fed is now staging an aggressive implosion using interest rate hikes into economic weakness. There are multiple threats that come with this dynamic:

Stagflation

With stagflation, normal credit market interventions do not necessarily work right away. As we saw recently with the official CPI print rising despite the Fed’s rate hikes, prices are not going to go down that easily. During the last stagflation event 40 years ago, the Fed raised rates to around 20% before prices finally stopped their epic climb, and back then the US did not have $31 trillion in debt nor did it just print over $8 trillions in the span of two years. Rates are likely to go much higher than many people expect.

Treasury Bond Crisis

The Fed replaced foreign investors like Japan and China as the primary buyers of US government Treasury Bonds, and they did so years ago. Now, with the Fed cutting purchases, reducing its balance sheet and raising rates, who is going to buy all that US debt and keep the government funded? Well, the answer is no one. For now, foreign purchases are enough to give a semblance of stability, but with geopolitical tensions rising it’s only a matter of time before countries like China dump their T-bond and dollar holdings completely. Then, the dollar’s world reserve status will come into question and inflation becomes an even greater threat as the trillions of greenbacks held overseas come flooding into the US again.

Stock Market Spiral

Without the Federal Reserve as the backstop fueling corporate share buybacks with cheap money, stocks will continue to slide. They’ll jump every now and then on rumors that the Fed will pivot away from tightening, and when the Fed doesn’t, stocks will start dropping again. Without stimulus and near zero rates there is no hope for equities beyond the occasional jawboning.

The Fed has the ability to slow down or speed up all of the conditions above, and so far they appear to be speeding things up. We obviously can’t rely on the Biden Administration to do anything about these problems; in all likelihood Biden and his handlers are joyful in the prospect of the inevitable calamity. No one in government is trying to do anything legitimate to stop the landslide and no one is trying to prepare Americans for the consequences.

In fact, Americans are being told there are no consequences. Thus, it’s up to individuals to prepare and warn their friends and family, but what about a larger organized response?

Despite numerous claims that conservatives would “do nothing” to stop the rise of medical fascism in the name of the covid pandemic, almost half the states in the US stood their ground against the mandates and the push for vaccine passports. If this had not happened, America would look like China does today with endless lockdowns and draconian tracking apps. I don’t think enough people understand just how close we came to losing every freedom we have left – We were on the doorstep of an Orwellian hell, and probably civil war.

The red state defiance of covid restrictions represented an organized action at the state and interstate level. What if these states did the same thing in the face of the economic crisis?

Without organization at the state level to create alternatives to the mainstream economy the plight of the public becomes much more daunting and dangerous. Rather than trying to start completely from scratch, there are solutions that can be pursued at the state level to help mitigate the disaster.

Currency Alternatives

States like Texas, Utah and Louisiana (currently Dem controlled) all have legislation in place to utilize gold and silver as legal tender. Such efforts need to be expanded to as many states as possible, and the list of alternatives needs to grow. Gold, silver, copper, and other commodities like oil, electricity, wheat and grains could be used to back a state recognized currency system. Is it constitutional? Not technically, but the federal government violated the constitutional money creation mandate over a century ago when they allowed the institution of the Federal Reserve. The system is already broken.

If states were to offer commodity backed currencies in parallel with the dollar, then they could actually stave off price inflation and possibly reverse it. This can’t be achieved by only one or two states, though. It would have to be organized among multiple states with multiple trade agreements in place.

State Banks

North Dakota has its own state run bank that provides credit opportunities specifically to ND locals and ND businesses. It has operated successfully for decades. Why has no other state adopted this model? Why should we rely on banks that are all tied back to corporate conglomerates that want to destroy us? State banks are the answer to the problem of leftists and globalists using corporate banks as a weapon against conservatives and liberty activists.

Localized Trade Alternatives

States should be utilizing the resources within their own borders to generate real jobs (rather than precarious and temporary service sector jobs) and economic prosperity. Why are states and citizens in those states allowing the federal government under Biden to dictate the terms of how they grow their economies?

Leftists will claim that resource management needs to be supervised by federal agencies, but why? These people have consistently proven themselves to be incompetent and destructive. Why should they be trusted to control our ability to expand in our own states?

Conservation and intelligent handling of state resources should not be relegated to bureaucrats who live outside of those states and who care nothing about the citizens of those states.

State Incentives For Industry

The vast majority of retail goods purchased by US citizens are made outside the US. It is a simple matter of profit incentives involving cheap labor overseas. But, what if there were big tax reductions for companies that manufacture in America? What if state banks offered easier credit to companies that build factories within that state’s borders and hire American workers at a reasonable wage? It can be done in the US – It’s been done in the past. If we don’t restart domestic production, our country is doomed to remain dependent on international corporations and foreign entities that do not have our best interests in mind.

The only hope any state has to weather the coming storm is to localize production and manage their resources to kick-start trade. Local production would act as a redundancy should the mainstream economy collapse (which it will). States don’t need Biden’s permission to make this happen. They don;t need the Federal Reserve’s permission either. They can and should take action now before it’s too late.

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🚹Interview with Jack McDonald CEO of Standard Custody & Trust🚹

Jack McDonald, Co-Founder of PolySign alongside Arthur Britto Timestamps for the Video listed below

Timestamps:
0:50 — Founded PolySign with Arthur Britto.
0:57 — Founding of Standard Custody.
1:01 — Ripple acquires Standard Custody.
1:20 — Why Ripple entered stablecoins and custody
1:40 — Discussion regarding Ripple and USDC
2:40 — Acquisition of prime broker Hidden Road.
3:12 — Hidden Road’s client base
4:15 — Ripple pledges $25 million
4:46 — Forward-looking commentary

OP: @ProfRipplEffect

00:06:55
👉You Will Own Nothing, And Be Happy...

"Ever notice how you don't actually own anything anymore? Your music đŸŽ¶, your movies 🎬, your cloud storage ☁—all of it is just a subscription 💳."

"You think you have things, but you only have access to things 🔑."

"Your identity lives inside a digital system đŸ’» you have no control over, and it can be flagged đŸš©, restricted đŸš«, or revoked automatically with no warning 🚹."

"In this society, you don't have freedom anymore. You just access it as long as the system recognises you 👀."

"Welcome to neo-feudalism—a world where your entire life is one system update away from disappearing đŸ‘»."

00:01:06
🚹EXPLAINED: BRICS LAUNCHES A GOLD-BACKED CURRENCY: THE "UNIT" It's called the "Unit."🚹

This is a live prototype for an alternative to the US dollar in international trade.

What Is It?

A digital currency for trade between BRICS nations (Brazil, Russia, India, China, South Africa).

It's backed by a basket of their local currencies and physical gold. How It Works (Simplified):

1⃣ Step 1: The "Basket" is Created. A "Unit Reserve Basket" holds: 40% in physical gold (40 grams for the first test batch). 60% in five BRICS currencies (12% each: Real, Yuan, Rupee, Ruble, Rand).

2⃣ Step 2: Units Are Issued. On October 31, 2025, 100 Units were created. Each Unit was worth exactly 1 gram of gold.

3⃣ Step 3: Value Fluctuates with the Market. The Unit's value changes daily based on the strength of the currencies in the basket vs. gold.

By December 4, the basket's value had adjusted to 98.23 grams of gold. Therefore, 1 Unit = 0.9823g of gold.

The Goal: Trade Without Dollars. Countries could use Units to settle transactions, reducing reliance on the US dollar and keeping their gold reserves ...

00:05:36
👉 Coinbase just launched an AI agent for Crypto Trading

Custom AI assistants that print money in your sleep? 🔜

The future of Crypto x AI is about to go crazy.

👉 Here’s what you need to know:

💠 'Based Agent' enables creation of custom AI agents
💠 Users set up personalized agents in < 3 minutes
💠 Equipped w/ crypto wallet and on-chain functions
💠 Capable of completing trades, swaps, and staking
💠 Integrates with Coinbase’s SDK, OpenAI, & Replit

👉 What this means for the future of Crypto:

1. Open Access: Democratized access to advanced trading
2. Automated Txns: Complex trades + streamlined on-chain activity
3. AI Dominance: Est ~80% of crypto 👉txns done by AI agents by 2025

🚹 I personally wouldn't bet against Brian Armstrong and Jesse Pollak.

👉 Coinbase just launched an AI agent for Crypto Trading

🚹JUST IN: SEC ENDS 2-YEAR ONDO PROBE

The SEC has closed its investigation into $ONDO, giving Ondo Finance the green light to accelerate its U.S. tokenization expansion.

Best Brief Pep Talk for Homo Sapiens

".....the Kingdom of God is within you...." 

".....my Kingdom is of a different Age...."  

https://www.facebook.com/reel/1180503997433929

Why your privacy matters:

https://www.facebook.com/share/r/1JTYg4iJzv/

Do you realize that if you are an American, your overall right to privacy is guaranteed by the Federal Constitutions as expressed by the 1st, 3rd, 4th, 5th, 9th and 14th Amendments? 

👉Did you know that you have to choose to be an American, even if you were born and raised in this country?  

Go to: https://tasa.americanstatenationals.org/

They are trying to invade your privacy by bombarding you with Electromagnetic Radiation, non-consensual scanning, non-consensual nanotech implants and non-consensual tracking. 

Have you had enough?  Good.

We just told Donald Trump and his Administration, point blank, to shut down the whole invasive "secret" program.  It's not a secret anymore. 

No matter what the Luciferians believe, and no matter what they do, the Kingdom of the True God is ...

👉Millennials & Gen-Z are Poorer Than Ever (Here's Why)

🚹 Discover the shocking truth about the millennial wealth gap and gen z financial struggles. From housing costs to student debt, learn why younger generations face unprecedented economic challenges.

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Stellar CEO Reveals Where Real Opportunity Lies in Crypto Market: Details

In a recent tweet, Stellar Development Foundation (SDF) CEO and Executive Director Denelle Dixon defines what "real opportunity" is in blockchain as a new financial future beckons.

The SDF CEO was reacting to a recent Bloomberg report on Bank of New York Mellon Corp (BNY), Nasdaq, S&P Global and iCapital participation in a new $50 million investment round by Digital Asset Holdings. This comes as some of Wall Street’s biggest names embrace the technology that underpins cryptocurrencies to handle traditional assets.

Reacting to this development, Stellar Foundation CEO Denelle Dixon stated that every blockchain investment is a bet on a different financial future. Dixon added that seeing banks explore blockchain technology validates what has been known over the years.

Real opportunity defined

While Wall Street’s biggest names betting on blockchain might be one of the most significant adoption milestones in the digital asset market, Dixon defines what real opportunity is and what it is not.

According to the SDF executive director, real opportunity is not replicating old systems on new rails but rather building open networks that fundamentally expand global finance participation.

"But the real opportunity isn’t replicating old systems on new rails—it’s building open networks that fundamentally expand who gets to participate in global finance. That’s the opportunity," Dixon tweeted.

At the Meridian 2025 event, Stellar outlined its long-term privacy strategy, committing to investing in critical privacy infrastructure and building foundational cryptographic capabilities.

Stellar eyes privacy upgrade

A new protocol upgrade is on the horizon for the Stellar network: X-Ray, which lays the groundwork for developers to build privacy applications on Stellar using zero-knowledge (ZK) cryptography.

The protocol timeline testnet vote is anticipated for Jan. 7, 2026, while the mainnet vote is expected for Jan. 22, 2026.

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XDC Network's acquisition of Contour Network

XDC Network's acquisition of Contour Network marks a silent shift to connect the digital trade infrastructure to real-time, tokenized settlement rails.

In a world where cross-border payments still take days and trap trillions in idle liquidity, integrating Contour’s trade workflows with XDC Network Blockchains' ISO 20022 financial messaging standard to bridge TradFi and Web3 in Trade Finance.

The Current State of Cross-Border Trade Settlements

Cross-border payments remain one of the most inefficient parts of global finance. For decades, companies have inter-dependency with banks and their correspondent banks across the world, forcing them to maintain trillions of dollars in pre-funded nostro and vostro balances — the capital that sits idle while transactions crawl across borders.

Traditional settlement is slow, often 1–5 days, and often with ~2-3% in FX and conversion fees. For every hour a corporation can’t access its own cash increases the cost of financing, tightens liquidity that could be used for other purposes, which in turn slows economic activity.

Before SWIFT, payments were fully manual. Intermediary banks maintained ledgers, and reconciliation across multiple institutions limited speed and volume.

SWIFT reshaped global payments by introducing a secure, standardized messaging infrastructure through ISO 20022 - which quickly became the language of money for 11,000+ institutions in 200 countries.

But SWIFT only fixed the messaging — not the movement. Actual value still moves through slow, capital-intensive correspondent chains.

Regulated and Compliant Stablecoin such as USDC (Circle) solves the part SWIFT never could: instant, on-chain settlement.

Stablecoin Settlement revamping Trade and Tokenization

Stablecoin such as USDC is a digital token pegged to the US Dollar, still the most widely used currency for trade, enabling the movement of funds instantly 24*7 globally - transparently, instantly, and without the need for any intermediaries and the need to lock in trillions of dollars of idle cash.

Tokenized settlement replaces multi-day reconciliation with on-chain finality, reducing:

  • Dependency on intermediaries
  • Operational friction
  • Trillions locked in idle liquidity

For corporates trapped in long working capital cycles, this is transformative.

Digital dollars like USDC make the process simple:

Fiat → Stablecoin → On-Chain Transfer → Fiat

This hybrid model is already widely used across remittances, payouts, and treasury flows.

But one critical piece of global commerce is still lagging:

👉 Trade finance.

The Missing link is still Trade Finance Infrastructure.

While payments innovation has raced ahead, trade finance infrastructure hasn’t kept up. Document flows, letters of credit, and supply-chain financing remain siloed, paper-heavy, and operationally outdated.

This is exactly where the next breakthrough will happen - and why the recent XDC Network acquisition of Contour is a silent revolution.

It transforms to a new era of trade-driven liquidity through an end-to-end digital trade from shipping docs to payment confirmation – one infrastructure that powers all.

The breakthrough won’t come from payments alone — it will come from connecting trade finance to real-time settlement rails.

The XDC + Contour Shift: A Silent Revolution

  • Contour already connects global banks and corporates through digital LCs and digitized trade workflows.
  • XDC Blockchain brings a settlement layer built for speed, tokenization, and institutional-grade interoperability and ISO 20022 messaging compatibility

Contour’s digital letter of credit workflows will be integrated with XDC’s blockchain network to streamline trade documentation and settlement.

Together, they form the first end-to-end digital trade finance network linking:

Documentation → Validation → Settlement all under a single infrastructure.

XDC Ventures (XVC.TECH) is launching a Stable-Coin Lab to work with financial institutions on regulated stablecoin pilots for trade to deepen institutional trade-finance integration through launch of pilots with banks and corporates for regulated stable-coin issuance and settlement.

The Bottom Line

Payments alone won’t transform Global Trade Finance — Trade finance + Tokenized Settlement will.

This is the shift happening underway XDC Network's acquisition of Contour is the quiet catalyst.

Learn how trade finance is being revolutionised:

https://www.reuters.com/press-releases/xdc-ventures-acquires-contour-network-launches-stablecoin-lab-trade-finance-2025-10-22/

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Inside The Deal That Made Polymarket’s Founder One Of The Youngest Billionaires On Earth🌍

One year ago, the FBI raided Polymarket founder Shayne Coplan’s apartment. Now, the college dropout is a billionaire at age 27.

In July, Jeffrey Sprecher, the 70-year-old billionaire CEO of Intercontinental Exchange, the parent company of the New York Stock Exchange, sat at Manhatta, an upscale restaurant in the financial district overlooking the sprawling New York City skyline from the 60th floor. As a sommelier weaved through tables pouring wine, in walked Shayne Coplan—in a T-shirt and jeans, clutching a plastic water bottle and a paper bag with a bagel he’d picked up en route. Sprecher chuckles as he recalls his first impression of the boyish, eccentric entrepreneur: “An old bald guy that works at the New York Stock Exchange, where we require that you wear a suit and tie, next to a mop-headed guy in a T-shirt that's 27.” But Sprecher was fascinated by Polymarket, Coplan’s blockchain-based prediction market, and after dinner, he made his move: “I asked Shayne if he would consider selling us his company.”

Prediction markets like Polymarket let thousands of ordinary people bet on future events—the unemployment rate, say, or when BitCoin will hit an all-time high. In aggregate, prediction market bets have proven to be something of a crystal ball with the wisdom of the crowd often proving itself more prescient than expert opinion. For instance, Polymarket punters predicted that Trump would prevail in the 2024 presidential election, when many national pundits were sure that Kamala Harris would win.

Coplan initially turned down Sprecher’s buyout offer. But discussions led to negotiations and eventually a deal. In October, Intercontinental announced it had invested $2 billion for an up to 25% stake in the company, bringing the young solo founder the balance he was looking for. “We're consumer, we’re viral, we're culture. They’re finance, they’re headless and they’re infrastructure,” Coplan tells Forbes in a recent interview.

At the same time, Coplan announced investments from other billionaires including Figma’s Dylan Field, Zynga’s Mark Pincus, Uber’s Travis Kalanick and hedge fund manager Glenn Dubin. A longtime Red Hot Chili Peppers fan, Coplan even convinced lead singer Anthony Kiedis to invest after a mutual acquaintance brought the musician to Coplan’s apartment one day. “He's buzzing my door, and I’m like, ‘holy shit,'” Coplan recalls, his bright blue eyes widening. “I love their music. A lot of the inspiration [for my work] comes from the music that I listen to.”

Thanks to the deals, Polymarket’s valuation quickly shot to $9 billion, making the 2025 Under 30 alum the world’s youngest self-made billionaire, with an estimated 11% stake worth $1 billion. His reign was short: twenty days later, he was overtaken as the youngest by the three 22-year-old founders of AI startup Mercor.

Young entrepreneurs are minting ten-figure fortunes faster than ever. In addition to the Mercor trio and Coplan, 15 other Under 30 alumni—including ScaleAI cofounder Lucy Guo, Reddit’s Steve Huffman and Cursor’s cofounders—became billionaires this year, while Guo’s cofounder Alexandr Wang and Robinhood’s Vlad Tenev (both former Under 30 honorees) regained their billionaire status after having fallen out of the ranks.

The budding billionaire has long been fascinated by markets and tech. When he was just 14, Coplan emailed the regional Securities and Exchange Commission office to ask how to create new marketplaces. “I did not get a response, but it’s a really funny email,” he says, grinning playfully as he thinks of his younger self. “It just shows that this stuff takes over a decade of percolating in your mind.”

Two years later, Coplan showed up at the offices of internet startup Genius uninvited after multiple emails of his asking for an internship went ignored. At age 16—at least a decade younger than anyone in that office—he secured his first job after making a memorable impression with his “wild curls” and “encyclopedic knowledge of billionaire tech entrepreneurs.” “If he chooses to become a tech entrepreneur, which seems likely, I have no doubt that we’ll be seeing his name again in the press before long,” Chris Glazek, his manager at the time, wrote in Coplan’s college recommendation letter.

Coplan went on to study computer science at NYU, but dropped out in 2017 to work on various crypto projects that never took off. In 2020, he founded Polymarket to create a solution to the “rampant misinformation” he saw in the world: The company’s first market allowed users to bet on when New York City would reopen amid the pandemic. He soon expanded into elections and pop culture happenings, among other events.

But it didn’t take long for the company to butt heads with regulators. In January 2022, Polymarket paid a $1.4 million fine to the Commodity Futures Trading Commission for offering unregistered markets. It was also ordered to block all U.S. users, but activity on Polymarket skyrocketed particularly during the 2024 U.S. presidential election, with bets totaling $3.6 billion. A week after the election, the FBI raided Coplan's apartment and seized his devices as part of an investigation into a possible violation of this agreement. Shortly after, Coplan posted on his X account that he saw the raid as “a last-ditch effort” from the Biden administration “to go after companies they deem to be associated with political opponents.”

In July, the Department of Justice and CFTC dropped the investigations—after which Sprecher reached out to Coplan for dinner—and less than a week later, Polymarket announced it had acquired CFTC-licensed derivatives exchange QCX to prepare for a compliant U.S. launch. QCX applied to be a federally-registered exchange in 2022—an application that was left dormant for three years before receiving approval less than two weeks before the acquisition was announced. When asked about the timing of the deal, Coplan points to CFTC acting chairwoman Caroline Pham, who President Trump tapped to lead the agency in January. “Caroline deserves a lot of credit for getting every single license that had been paused for no reason approved, as acting chairwoman in less than a year,” he says. Coplan had realized an acquisition might be the only way for Polymarket to legally operate in the U.S. as early as 2021 due to the lengthy federal approval process, a source familiar with the deal told Forbes.

Just two months after the acquisition and days after Donald Trump Jr. joined Polymarket’s advisory board, the company received federal approval to launch in the U.S. (Trump Jr. has also served as a strategic advisor to Polymarket’s main competitor Kalshi since January.)

Polymarket’s rapid rise has drawn critics. Dennis Kelleher, co-founder and CEO of Washington-based financial advocacy group Better Markets, told Forbes in an email that the current administration’s deregulation around prediction markets has unlocked a regulatory “loophole” to enable “unregulated gambling” under the CFTC, “which has zero expertise, capacity or resources to regulate and police these markets.” Kelleher added that with backing from the Trump family “who are directly trying to profit on this new gambling den
 the massive deregulation and crypto hysteria will almost certainly end badly for the American people.”

Investors and businesses are scrambling to seize the moment of deregulation. “We had opportunities to invest in events markets earlier, but there was a lot of risk,” Sprecher says, listing the regulatory changes in favor of crypto and prediction markets under the current administration. “This was the moment to invest if we wanted to still be early in the space.”

In the last few months, Trump’s Truth Social and sportsbook FanDuel, as well as cryptocurrency exchanges Crypto.com, Coinbase and Gemini all announced their own plans to offer prediction markets. Robinhood CEO Vlad Tenev said prediction markets, which were integrated into its platform in March, were helping drive record activity for the retail brokerage in its third quarter earnings call.

“People are starting to realize right now that the opportunities are endless,” says Dubin, the billionaire hedge fund veteran who invested in Polymarket earlier this year. He points to sports betting companies, which have been regulated by states as gambling activity and taxed accordingly. States like New York can tax up to 51% of sportsbooks’ revenue, but federally-regulated prediction markets can bypass state laws, avoiding taxes and operating in all 50 states. With the realization that prediction markets could upend the sports betting industry—which brought in $13.7 billion in revenue in 2024—businesses are quickly jumping on board despite pushback from state gambling regulators. In October, both Polymarket and Kalshi secured partnerships with sportsbook PrizePicks and the National Hockey League, and Polymarket announced exclusive partnerships with sportsbook DraftKings and the Ultimate Fighting Championship.

The disruption won’t be limited to sports betting. Alongside its investment, Intercontinental’s tens of thousands of institutional clients including large hedge funds and over 750 third-party providers of data will soon have access to Polymarket data, as it gets integrated into Intercontinental’s products such as indices to better inform investment decisions. It also hopes to work with Polymarket to work on initiatives around tokenization—or converting financial assets into digital tokens on blockchain technology—to allow traders on Intercontinental’s exchanges to trade more flexibly at all hours of the day, Sprecher says. What’s more, in November, Google Finance announced it would integrate Polymarket and Kalshi data into its search results, while Yahoo Finance also announced an exclusive partnership with Polymarket.

Despite flashy investors, partnerships and a record $2.4 billion of trading volume in November, Polymarket has yet to launch in the U.S. or turn a profit. Coplan and his investors have hinted at ways the company could make money one day—selling its data, charging fees to users, launching a cryptocurrency token (similar to Ethereum or Bitcoin)—but decline to confirm any specifics. For now, the only thing that’s certain is the bet Coplan is making on himself. “Going for it and having it not pan out is an infinitely better outcome than living your life as a what if,” he says.

Standing across from the New York Stock Exchange building, Coplan tilts his head up as he watches a massive banner with Polymarket’s logo get hoisted onto the exterior of the building. It’s been five years since founding. One year since the FBI raid. He’s taking it all in. “Against all odds,” the bright blue banner reads, rippling in the wind alongside three American flags protruding from the building.

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