Home / Business and Economy / Polymarket Taps Wall Street for Growth
Polymarket Taps Wall Street for Growth
29 Sep
Summary
- Polymarket hires Goldman Sachs veteran Lisa Mantil.
- Mantil to lead institutional growth and attract Wall Street liquidity.
- Prediction markets seek institutional adoption beyond retail.
Prediction market exchange Polymarket has bolstered its leadership by hiring Lisa Mantil, a seasoned professional with nearly 30 years at Goldman Sachs. Mantil will serve as the head of institutional growth, a role focused on attracting substantial liquidity from Wall Street. Her background includes serving as a Goldman partner and leading its ETF accelerator platform, equipping her to guide institutions into emerging asset classes. This move signifies a broader industry trend where prediction markets, after a surge in retail interest, are now prioritizing institutional engagement.
Mantil expressed excitement about shaping a rapidly developing asset class, emphasizing her career dedicated to helping institutions navigate new products and markets. Her expertise is anticipated to be crucial as Polymarket builds its institutional business and explores the utility of prediction markets for investment and risk management. This appointment follows Polymarket's official U.S. exchange launch in May and a series of other key hires, including a new CFO.
