In its Q2 2024 LP letter shared on social media, cryptocurrency investment firm 1confirmation highlighted the growing importance of prediction markets within the crypto space. Founder Nick Tomaino pointed out that this area could see its market size expand by 100 times in the coming years, marking a significant development for 2024. He also praised Polymarket as a top tool for following elections and global events, noting that it's becoming a daily source of information for many, even if users aren’t aware they’re interacting with a crypto product.

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