Platforms & regulators

Polymarket hires Goldman Sachs veteran to attract institutional traders

Prediction market platform Polymarket hired Lisa Mantil, who spent nearly three decades at Goldman Sachs, to attract large institutional traders.

Polymarket lets users bet on the outcomes of real-world events; hiring a veteran Wall Street banker is meant to help the platform move beyond its retail user base.

For beginners Prediction markets work like exchanges where a contract's price reflects the probability of an event; bringing in veteran Wall Street financiers is typically meant to build liquidity and trust among larger investors.