MetaMask Dives Into Prediction Markets With Polymarket Integration

MetaMask is moving directly into the booming prediction market space through a new integration with Polymarket, letting users bet on real-world events without leaving their wallets. The new feature allows traders to fund positions from any EVM-compatible chain and earn MetaMask Rewards points on every prediction, turning the wallet into a streamlined entry point for on-chain event markets.

The integration introduces one-tap funding for Polymarket, making it easier to deposit a wide range of tokens and tightening the link between everyday crypto wallets and decentralized betting platforms. MetaMask is now positioning itself not only as a gateway to Web3 apps but also as a front door for global event speculation across politics, sports, and financial markets.

Polymarket’s growth has accelerated around the 2024 United States election, helped by a more crypto-friendly environment and renewed attention to political betting. The platform is reportedly targeting a valuation of up to $15 billion after a $2 billion strategic investment from Intercontinental Exchange, the parent company of the New York Stock Exchange.

For MetaMask, the move is part of a broader expansion beyond its Ethereum-only roots. The wallet recently rolled out multichain accounts that support both EVM and non-EVM networks, including Solana, and is preparing a MASK token launch as parent company Consensys considers a potential IPO.

Prediction markets overall have crossed $13 billion in cumulative trading volume, even as wider crypto markets cool. Major players such as Fanatics, Coinbase, and MetaMask are racing to capture this demand. New platforms are scaling quickly: YZi Labs–backed Opinion on BNB Chain recorded about $1.5 billion in weekly trading during its first month, while Kalshi secured a high-profile partnership with CNN and raised $1 billion at an $11 billion valuation.