Category: Tech & Business

Tweet and Polymarket Launch Joint Tool for Real-Time News Analysis

X and Polymarket Announce Integration, Plan Further Collaborations

On Friday, X and prediction markets platform Polymarket unveiled a real-time analytics tool designed to break down market-moving news. The companies announced the new partnership, with Polymarket becoming the official prediction platform of X, stating the release of this tool.

Live Insights and Market Predictions

According to a joint statement, the newly launched tool combines data from X (formerly Twitter) with active prediction markets on Polymarket. Polymarket founder and CEO Shayne Coplan noted that the system also integrates Grok, the xAI chatbot, and relevant X posts to offer instantaneous context for market movements.

“Combining those various technology tools will ‘enable us to provide contextualized, data-driven insights to millions of Polymarket users around the world instantaneously,'” Coplan stated.

The launch coincides with Polymarket’s record year, particularly during the 2023 U.S. election period, when daily trading volumes averaged about $85 million. On Election Day, the platform reported a total open interest exceeding $463 million.

Ongoing Integrations Planned

A joint press release revealed this news analytics tool is the first of several planned “integrations and unique experiences” resulting from the companies’ agreement. Neither X nor Polymarket immediately disclosed which specific events the tool will monitor.

The partnership highlights a broader trend of traditional technology companies embracing digital assets and blockchain technology. Recent examples include Stripe’s renewed crypto integrations and Meta’s reconsideration of its stablecoin ambitions.

This collaboration follows growing interest in prediction markets and cryptographically secured financial instruments across major platforms. Other recent developments include Kalshi and Robinhood deepening their digital assets offerings.