Exchanges· ★★★· neutral·

Polymarket hires ex-Zora CEO to relaunch DeFi product

  • —Jacob Horne worked at Zora for more than six years and served as CEO
  • —Coplan acknowledged the on-chain product weakened amid US business growth
  • —Polymarket is rewriting its matching engine in Rust due to technical debt
  • —The global on-chain venue runs on Polygon, while the US one operates through CFTC-regulated exchange QCEX
Why it matters: Refocusing on the on-chain product could strengthen Polymarket's DeFi segment amid regulatory pressure in the Czech Republic and South Korea.
Source: CoinCodex
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