Exchanges· ★★★· neutral·

Polymarket hires Goldman Sachs veteran Lisa Mantil to attract Wall Street liquidity

  • —Mantil was most recently a Goldman partner and global head of its ETF accelerator
  • —Polymarket launched its U.S. exchange in May and is expanding headcount
  • —The company hired Warren Jenson as CFO earlier this month
  • —Institutional adoption of prediction markets remains at an early stage
Why it matters: The hire intensifies Polymarket's race with Kalshi for institutional money amid state regulatory battles.
Source: CNBC Crypto