Polymarket Hires Jacob Horne, Former Zora Co-Founder
Polymarket has hired Jacob Horne, co-founder of the now-defunct Zora platform behind Coinbase's failed creator-coin experiment. Shayne Coplan, Polymarket’s CEO, announced that Horne will work closely with him to revitalize the company's onchain trading product, particularly within its DeFi segment. The move comes as longtime users have expressed concerns about declining focus on this area of their platform. Horne previously led Zora for over six years before leaving recently. Zora allowed creators to tokenize social posts on Coinbase’s Base blockchain but was ultimately shut down after failing to gain traction. Meanwhile, Coinbase has shifted its U.S.-based prediction markets to Kalshi, which now dominates the market with 83% of trading volume compared to Polymarket's 17%. In a broader hiring push over eight days, Polymarket also added a CFO and VP of operations.
Tickers: $COIN
Topics: Coinbase DeFi Polymarket Prediction Markets Zora