Polymarket Appoints First CFO to Compete with Kalshi

Polymarket has appointed its first Chief Financial Officer in a bid to seek new investments and regain momentum against its main competitor, Kalshi. Warren Jenson joined Polymarket this week, having previously held senior financial positions at Nielsen and LiveRamp, bringing extensive financial management experience. The 69-year-old Jenson has a longer career than the 28-year-old founder and CEO Shayne Coplan. Coplan stated that Jenson has led the finances of major global companies, and his experience is crucial for the company's future development.

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