DraftKings Taps Polymarket as Designated Clearinghouse

DraftKings, one of the leading sports betting platforms in the United States, is entering the prediction markets space and tapping Polymarket Clearing as its official clearing house.

Polymarket founder Shayne Coplan made the announcement today via X, where he posted, “Congrats to @DraftKings on their acquisition of @RailbirdHQ. We’re proud for Polymarket Clearing to be their designated clearinghouse as they enter the prediction market space.”

Clearing houses act as intermediaries between buyers and sellers within a market, meaning that Polymarket's infrastructure will serve as the backend for DraftKings’ new prediction market arm.

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