Polymarket Completes First Block Trade, Accelerating Entry into Wall Street Mainstream Financial System

BlockBeats News, June 2nd, according to CNBC's report, the prediction market platform Polymarket has completed the first institutional large-scale transaction related to AI compute power infrastructure.

This six-figure USD amount large-scale transaction was completed by the digital asset broker FalconX and the trading technology startup Anera Labs. The contract for the transaction is linked to the Ornn Compute Price Index, which is used to track the rental price of NVIDIA H100 GPU chips and is a key benchmark for measuring AI compute costs.

Brooke Rizzetto, Polymarket's Head of Institutional Liquidity, stated: "The prediction market is becoming one of the most promising platforms for institutions to conduct large-scale transactions, and this transaction is the best proof. Seeing institutional trading counterparties leverage Polymarket to massively hedge real GPU compute power exposure is the future we have been striving to build."