Polymarket has launched predictive markets linked to private companies, with the Nasdaq Private Market (NPM) acting as the exclusive data provider for market decisions. The partnership could create a live market signal for pricing unicorns and other private market assets.
Pricing layer for private markets
NPM will provide the proprietary market data, while Polymarket provides the trading layer on top of it. Together, the platforms create a real-time pricing signal for private companies. Nearly 1,600 unicorns with a combined value of about $5 trillion still exist largely outside public markets, where pricing information is limited and updates are rare.
We are pleased to announce our exclusive partnership with Nasdaq Private Market.
Retail traders can now acquire private companies, one of the most historically profitable asset classes, exclusively through Polymarket. pic.twitter.com/ThotQNwlzW
– Polymarket (@Polymarket) May 19, 2026
“Prediction markets are one of the most powerful tools we have to democratize access to financial information,” said Shane Coplan, founder and CEO of Polymarket. “Today’s launch brings this power to one of the last frontiers of financial markets that retail participants have never had access to.”
For asset managers and brokers, the architecture links institutional private market data to live trading activity Polymarket. NPM provides the data used to solve markets, while trading activity creates a real-time view of how participants price IPO timing, valuation changes and company milestones.
“We connect each market with institutional-quality data, and activity becomes a real-time signal that institutional investors can use,” said Rodolfo Sanchez, vice president of data at Nasdaq Private Market.
Prediction markets continue to move towards financial infrastructure
The partnership follows a series of similar moves across the financial industry. ICE, the parent company of the New York Stock Exchange Up to $2 billion has been committed To acquire a stake in Polymarket. Nasdaq and Cboe It has been filed separately with the Securities and Exchange Commission to list binary options linked to the Nasdaq-100. Dow Jones also signed an agreement To integrate Polymarket’s real-time odds into The Wall Street Journal and Barron’s.
In these deals, the focus is increasingly on infrastructure: verified data sources, enterprise partnerships, and unified settlement. Companies entering this field appear to be interested in building systems that can work at an enterprise level. It remains unclear whether retail demand is large enough to support this model.
Polymarket has launched predictive markets linked to private companies, with the Nasdaq Private Market (NPM) acting as the exclusive data provider for market decisions. The partnership could create a live market signal for pricing unicorns and other private market assets.
Pricing layer for private markets
NPM will provide the proprietary market data, while Polymarket provides the trading layer on top of it. Together, the platforms create a real-time pricing signal for private companies. Nearly 1,600 unicorns with a combined value of about $5 trillion still exist largely outside public markets, where pricing information is limited and updates are rare.
We are pleased to announce our exclusive partnership with Nasdaq Private Market.
Retail traders can now acquire private companies, one of the most historically profitable asset classes, exclusively through Polymarket. pic.twitter.com/ThotQNwlzW
– Polymarket (@Polymarket) May 19, 2026
“Prediction markets are one of the most powerful tools we have to democratize access to financial information,” said Shane Coplan, founder and CEO of Polymarket. “Today’s launch brings this power to one of the last frontiers of financial markets that retail participants have never had access to.”
For asset managers and brokers, the architecture links institutional private market data to live trading activity Polymarket. NPM provides the data used to solve markets, while trading activity creates a real-time view of how participants price IPO timing, valuation changes and company milestones.
“We connect each market with institutional-quality data, and activity becomes a real-time signal that institutional investors can use,” said Rodolfo Sanchez, vice president of data at Nasdaq Private Market.
Prediction markets continue to move towards financial infrastructure
The partnership follows a series of similar moves across the financial industry. ICE, the parent company of the New York Stock Exchange Up to $2 billion has been committed To acquire a stake in Polymarket. Nasdaq and Cboe It has been filed separately with the Securities and Exchange Commission to list binary options linked to the Nasdaq-100. Dow Jones also signed an agreement To integrate Polymarket’s real-time odds into The Wall Street Journal and Barron’s.
In these deals, the focus is increasingly on infrastructure: verified data sources, enterprise partnerships, and unified settlement. Companies entering this field appear to be interested in building systems that can work at an enterprise level. It remains unclear whether retail demand is large enough to support this model.
