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Polysights raises $1.5m pre-seed SAFE for prediction-market surveillance tools

Funding

Polysights said it raised $1.5 million in a pre-seed SAFE round to expand surveillance tools for prediction markets. The beta-stage company said YZi Labs, Maven11, Varys Capital, Contribution Capital and Edge Ventures backed the financing; its tools are designed to identify wallet clustering, market anomalies and potential insider trading.

The funding supports development of monitoring tools for prediction-market activity.

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DraftKings reports 15% sportsbook handle growth during NFL season

DraftKings chief executive Jason Robins said the company could benefit whether sports prediction markets remain available or are restricted, while it monitors related legal challenges. He said sportsbook handle rose about 15% year over year in the first two weeks of the NFL season, and the company may bring forward some customer-acquisition and marketing spending planned for 2027, depending on trading and customer data.

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