# 1confirmation Decides to Increase Its Investment in Polymarket Again

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/54902
Published: 2026-11-12T04:17:06.000Z
Updated: 2026-11-12T04:17:06.000Z
Section: Business

> 1confirmation partner Nick Tomaino said the fund has backed every Polymarket financing round and sees information discovery as prediction markets’ lasting value.

1confirmation has decided to increase its investment in Polymarket again, partner Nick Tomaino said, extending the fund’s backing of the prediction-market platform. The fund has participated in every Polymarket financing round, he said.

1confirmation generally focuses on seed-stage investments and typically avoids later rounds. Tomaino said Polymarket merited an exception to that approach.

Tomaino argued that demand for wagers on political and cultural events has existed for more than 100 years. He said that in the AI era, one challenge for young people is distinguishing accurate information from false claims, and that prediction markets can channel interest in trading into more accurate information.

He described Polymarket’s lasting value as helping people assess information about politics, geopolitics and culture, rather than serving only as a venue for sports wagers. Tomaino said sports trading makes up most of the U.S. market, but he views information accuracy as prediction markets’ more durable contribution.

Tomaino also characterized Polymarket’s business as improving, praised its management team and described its U.S. product as an industry leader. He said the company’s revenue has continued to reach new highs.

On a possible token, Tomaino said he disagreed with some past promotional approaches but did not consider it reasonable to conclude that a token was no longer possible. He also praised founder Shayne’s drive to succeed, calling him one of the most direct and transparent people he knows.