Elon Musk’s Social Platform X Announces Partnership with Polymarket
Elon Musk’s social platform X announced yesterday (6th) via its official account that it has entered into a formal partnership with the decentralized prediction market platform Polymarket. Polymarket will become X’s exclusive prediction market partner. This move is seen as an important step for X in entering the cryptocurrency and decentralized finance sectors.
we’re joining forces with Polymarket as our official prediction market partner@X@Polymarket — X (@X)June 6, 2025
Details of the Collaboration between X and Polymarket
According to multiple media reports, the details of this collaboration include two main aspects:
Collaboration Goals: The partnership between X and Polymarket aims to combine Polymarket’s blockchain prediction market, X platform’s real-time information flow, and xAI’s AI analysis tool Grok to create a new information ecosystem referred to as “News 2.0.” By integrating the strengths of these three parties, the collaboration will provide millions of users worldwide with real-time, transparent, and data-driven predictions and insights, particularly concerning breaking news and major events.
Function Integration: Polymarket will launch deeply integrated products with the X platform, utilizing Polymarket’s prediction market probability data, Grok’s AI analysis capabilities, and real-time posts on X to provide users with contextualized, data-driven insights. Polymarket founder and CEO Shayne Coplan stated, “Combining Polymarket’s precise and fair prediction market probabilities with Grok’s analysis and X’s real-time information will allow us to provide users with timely and high-value insights.”
It is worth mentioning that Musk’s praise for Polymarket can be traced back to the 2024 U.S. presidential election period. He previously posted on the X platform, stating, “Trump is leading Kamala Harris by 3% in the betting market, which is more accurate than polls because real money is at stake.” Musk has repeatedly emphasized that prediction markets like Polymarket, which require users to invest actual funds, provide results that are more credible than traditional polls.
When Will Polymarket Issue Its Token?
It is noteworthy that Polymarket had previously hinted at plans to issue its own cryptocurrency. Although specific details have not been disclosed, the market is full of anticipation, believing this could further enhance Polymarket’s influence.
Additionally, due to the long-standing popularity of the X platform within the crypto community and Musk’s indirect support for cryptocurrencies like Dogecoin, external speculation suggests that this partnership may pave the way for the X platform to incorporate more cryptocurrency applications, while also providing a good opportunity for Polymarket’s future token issuance and wider token adoption.
Related Reports
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High Reconstruction Special Article: I predicted Kamala Harris’s victory on Polymarket and lost two bucks.
