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Sunday, 29 June 2025
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X.com Dumps Kalshi for Polymarket in Musk-Trump Fallout

X.com Dumps Kalshi for Polymarket in Musk-Trump Fallout

Polymarket And X.com The media platform has pre -confirmed its official prediction as market partners. This comes as a surprise, although recent events reduced the shock, after the earlier X.com and Kalshi, the rival of polymarkets, supported each other and tied almost a partnership, but never officially confirmed.

Originally, Kalashi, who has facilities in the board of directors Donald Trump Jr.Alon was allegedly ready to form a team with Elon Musk’s social media platform. A rift between Trump administration and musk recently, however, has caused reality.

X corrected the record and said: “We are joining the army with polymerkets as our official prediction market partner.”

Polymarket quickly took the news and added:“The next information age will not be operated by the 20th century Media Monolith – it will be operated by markets. Our partnership with X is a new chapter for truth on the Internet. The future of the news is adapted to truth, lies in transparency, and anchor in reality.”

Companies have also issued a joint press statement in which they have expanded the nature of the partnership, including the development of dedicated products that focus on data-operated insights and recommendations.

Both companies combine their data to provide live insights and introduce real -time annotations, with the help of market moves, with help RavineAn AI chatbot has been developed by Musk’s other company, XA.

Polymarket CEO Shayne Koplan The partnership and Grake and X have welcomed the involvement of the real-time input of X, which will enable the company to provide data-operating and relevant insights to millions of company users.

There has been a lot of speculation about the choice of market partner for X even before disagreement in the White House.

The whole thing was filled with speculation

However Bloomberg originally explained that X And Kalashi The media was close to signing a deal Had to take back Neither the deal can be confirmed after Kalshi nor social media platforms.

In fact, x.com said it really wanted to form a team with a partner in this particular section, but said that no party was held. However, can create a fresh headache for all those involved in collaboration with polymarkets.

Not registered with polymercate Commodity Futures Trading CommissionRegulators that make Kalashi operations above the board, and users in the United States cannot legally reach the platform.

It is even more relevant between the ongoing quarrels between Kasturi and Trump, later threatened the entrepreneur that he could “hurt” her.

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