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Polymarket Snaps Up Dome API Startup in Latest Strategic Move - Crypto Economy
This Thursday, Polymarket, valued at $9 billion, announced the acquisition of Dome, a startup accelerated by Y Combinator. Dome stands out for offering a unified API that enables developers to build bots, dashboards, and trading tools compatible with various platforms across the sector.
https://twitter.com/Polymarket/status/2024514315823509826
This acquisition seeks to consolidate Polymarket’s leadership by integrating founding engineers from Alchemy, experts in scalability and user experience. After raising $4.7 million in their seed phase, the Dome team will now provide the necessary infrastructure for Polymarket to become the base layer for external applications and data services.
Investors expect this technology to accelerate the firm’s distribution deals with leagues such as the MLS or the NHL. Likewise, the market is watching to see if this move precedes a new funding round at a higher valuation, reinforcing its recent reentry into the United States market.
Source:https://x.com/Polymarket/status/2024514315823509826
Disclaimer: Crypto Economy Flash News is prepared from official and verified public sources by our editorial team. Its purpose is to quickly inform on relevant facts within the crypto and blockchain ecosystem. This information does not constitute financial advice or investment recommendations. We recommend always verifying the official channels of each project before making related decisions.