The Polysights platform has received significant investments in a pre-seed funding round, totaling $1.5 million.
The funds were reportedly provided by YZi Labs, Maven11, Varys Capital, Contribution Capital, and Edge Ventures.
Polysights plans to use the money for further development of AI-based monitoring tools utilized in prediction markets. This includes solutions for detecting insider trading, wallet clustering, and market anomalies.
Polysights attracted investments amidst a boom in prediction markets. Previously, Bernstein analysts published a forecast stating that the trading volume in this segment will reach $1 trillion by 2030.