Polymarket Founder & Beast Games Champion 7/23/25

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 23 July 2025

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Thanks to a $112 million acquisition, prediction market Polymarket is one step closer to operating in the U.S. Founder Shayne Coplan discusses the betting markets and his vision for the global financial ecosystem and its regulation. CEO of Beast Industries Jeff Housenbold joins Beast Games Champion Jeffrey Allen to discuss the Beast empire–YouTube, chocolates, and all. The two discuss the brand’s success as the most subscribed YouTube channel. Plus, the Trump administration has struck a trade deal with Japan, big tech’s AI talent wars wage on, and AI is taking a toll on the energy grid. Eamon Javers - 02:47 Shayne Copan - 16:36 Jeff Housenbold & Jeffrey Allen - 33:46 In this episode: Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music, please.
0:03.0	Hi, I'm CNBC producer Katie Kramer.
0:07.0	Today on Squawk Pod.
0:09.0	Betting Clearing House Polymarket is everywhere with predictions on local elections and even the fate of the KisKAM CEO.
0:16.0	The platform that lets users wager on what might happen is one step closer to re-entering the U.S. market.
0:22.3	Founder Shane Copland joins us.
0:24.2	What's the difference between you and Kalshi?
0:26.0	Polymarket is Polymarket, and they're a Polymarket copycat.
0:29.5	How Mr. Beast Built an Empire, the number one subscribed channel on YouTube, branded chocolate,
0:36.1	and a $5 billion valuation, CEO Jeff
0:38.9	Hausenbold on working with the Beast himself.
0:41.7	We just clicked, and we had a shared vision of how to create the next generation of Disney,
0:46.6	a diversified media entertainment empire.
0:49.5	Plus Beast Games champion, Jeffrey Allen.
0:52.2	You won this whole thing, a thousand contestants.
0:54.4	Crazy.
0:55.0	Ten million bucks.
0:56.0	Ten million.
0:57.3	And the rest of today's stories that got us squawking.
1:00.5	Amon Javers has the latest on a trade deal with Japan.
1:03.8	Does this sound like a bespoke deal, or is this something you think we're going to start to see across the board?
1:09.1	I mean, it's right in range with the other deals.
	...

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