Polymarket to Launch Squads Social Feature for U.S. App Users

Polymarket said it will launch Squads, a new social feature for its U.S. app that lets users create private groups to discuss markets, share positions and trading portfolios, and trade around events they follow. According to Odaily, users will also be able to view other members' trading activity and copy trades directly from shared positions or portfolios, while each member continues trading through their own Polymarket account. Polymarket said the feature is intended to bring market discussions and trading activity that usually happen in group chats onto the same platform. The launch also coincides with the company's first football season marketing campaign, Polymarket HQ, directed by Peter Berg and featuring LeBron James, Eli Manning, Derek Jeter and Spike Lee. Polymarket previously launched Polymarket Perps, which supports trading price moves in cryptocurrencies, stocks, commodities and indexes.