Polymarket partners with Palantir to develop a sports betting market compliance monitoring platform.

Huoxun Finance reported on March 10th that, according to The Block, prediction market platform Polymarket is partnering with US data analytics company Palantir to launch a sports betting integrity monitoring platform based on the VergenceAI engine jointly developed by Palantir and TWGAI. This platform will be used to monitor sports prediction market transactions in real time, screen restricted users, generate compliance reports, and identify abnormal behaviors such as manipulation and insider trading to improve market transparency and fairness. The report points out that Polymarket and Kalshi continue to expand in the sports-related prediction market; Kalshi's trading volume exceeded $1 billion on Super Bowl day this year. The two platforms are in talks with potential investors for a new round of financing, with a valuation target close to $20 billion.