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Late-night traders bought odds at 99 cents just before a token-weighted vote overruled the public consensus, exposing a massive flaw in "truth" markets.
Potential rate cuts in September and crypto ETF approvals in October add to the bull case.
Polymarket did not disclose the financial terms of the investment from 1789 Capital.
Polymarket is a blockchain-based prediction market platform that allows users to trade on the outcomes of real-world events.
