Why parent Is Trending Today?

MetaMask, a popular crypto wallet, has added Polymarket prediction markets and introduced perpetual trading with Hyperliquid. Meanwhile, a New York stock exchange owner has invested $2 billion in Polymarket, marking a significant move into the crypto space. This investment comes after Polymarket revealed $205 million in previously undisclosed funding over the past two years. The Polymarket founder has become the youngest self-made billionaire following this deal. MetaMask has also integrated Polymarket as it transforms into a trading app. Polymarket allows users to trade event outcomes like stocks or crypto, marking a breakthrough in prediction markets. The NYSE owner's investment in Polymarket signals a shift towards prediction markets gaining mainstream traction. Polymarket has raised $2 billion at a $9 billion valuation from the NYSE parent, pushing its valuation ahead of Kalshi. However, the race for prediction market dominance is still open. Polymarket has also introduced Bitcoin deposits for users, further expanding its offerings.