Polymarket investor: We have participated in every funding round and will continue to increase our investment.

Venture capital firm 1confirmation has participated in every funding round for prediction market Polymarket and will continue to invest, founder Nick Tomaino said, calling the decision an exception to the seed-stage fund's mandate against later-stage deals. Tomaino argued Polymarket's value extends beyond sports betting—currently the hottest U.S. category—to information quality on politics, geopolitics and culture, and said distinguishing truth from falsehood is a defining problem for young people in the AI era. He praised Polymarket's management as "excellent," called its U.S. product best-in-class and said revenue is hitting new highs. Tomaino said he does not always agree with how the company publicly frames its token but called the view that the token is dead "foolish," praising CEO Shayne Coplan as direct, transparent and competitive. The comments signal continued venture backing for Polymarket as it balances a sports-heavy volume mix against its broader information-market thesis.