In a report published on November 11, 2026, at 20:57 (UTC+8), Odaily quoted 1confirmation partner Nick Tomaino saying the firm had joined every Polymarket funding round and had decided to invest more. He said that was unusual for a fund focused on seed investments that typically avoids later-stage rounds.
Tomaino’s case extends beyond sports betting. He argued that demand for prediction markets is more than a century old and that, in the AI era, markets could help people judge information about politics, geopolitics and culture. Although he said trading in the US market was dominated by sports, he viewed information discovery as the more durable source of value.
He also praised Polymarket’s management and US product, and said revenue was repeatedly reaching new highs. Those are Tomaino’s assessments, not independently established measures in the report. On a possible token, he said he had reservations about some earlier promotion but did not think it was reasonable to rule out a token plan. He described founder Shayne as strongly driven to succeed and among the most direct and transparent people he knows.
The evidence gap is straightforward: the report conveys an investor’s reasons for backing Polymarket, but provides no figures to test the revenue claim or demonstrate that its markets consistently produce more accurate information. A possible token remains just that—not a confirmed plan in this account.