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Looks like the prediction market lending space is heating up. One project just secured $2.5M from institutional backers for their Polymarket-focused lending protocol.
What caught my attention: they've got an MVP already running, and the dev team ships updates pretty much every day. Not just vaporware.
The whole prediction market infrastructure play is getting interesting. When you've got institutional money flowing into specialized lending protocols for platforms like Polymarket, it signals where the next wave of DeFi innovation might be headed.
Still early days, but the combination of active development + real capital backing + a functional product is worth keeping on the radar.