MetaMask will allow users to bet on politics and sports through Polymarket

crypto wallet MetaMask plans to integrate with the platform polymarketto give users the opportunity to bet on real events – from political elections to sports matches. The launch is expected by the end of the year.

What will change for users

Thanks to the new partnership, MetaMask will turn not just into a wallet, but into Universal financial hub, where you can Trading, investing, making money and even making predictions for eventswhile remaining the owner of their assets.

According to the head of the product MetaMask Galya Eldara, the company’s goal is to create “Entrance to world-class decentralized finance”where users will be able to use their tools as flexibly as possible.

Through Polymarket, users will be able to buy and sell “shares” of event outcomes, such as bet on the results of elections, sports games or reporting by large companies.

However, the service will be available Not in all countries – Among the exceptions are USA, UK, France, Singapore, Poland, Thailand, Australia, Belgium, Taiwan and Ontario Province (Canada).

Forecast markets are gaining momentum

The prediction market segment has become one of the fastest growing destinations in the crypto industry, especially after 2024 US presidential election.

Source: defillama

Despite the recent decline in activity, trading volumes remain impressive:

• polymarket In September, he processed $1.43 billion,
• Kalshi – $2.74 billion, which together exceeds the record figures of last year last year (according to DeFillama).

In addition, I even drew attention to Polymarket Wall Street: parent company New York Stock Exchange (ICE) Invested $2 billion, evaluating the project in $9 billion.

Eldar: “This is the market of truth”

According to Galya Eldar, forecast markets are “one of the most powerful blockchain tools” because they based on the search for truth through economic incentives.

“When the incentives are built correctly and enough people are involved, the market corrects itself and approaches the truth. The more liquidity, the closer we are to reality,” he said.

MetaMask strengthens positions in trading

Integration with Polymarket is not the only innovation. The other day MetaMask added the opportunity trade in perpetual futures Thanks to the platform partnership Hyperliquid.

The volume of trading on decentralized futures exchanges in the last month exceeded $770 billion, and Hyperliquid became one of the market leaders.

MetaMask expects new features to allow users to get Experience close to centralized exchanges, but with preservation security and control over fundscharacteristic of DeFi.

💡 Summary:

MetaMask is rapidly moving beyond the usual wallet – now it’s a tool for trading, betting and investment that combines the convenience of CEFI and freedom of DEFI.