Cryptocurrency bookmakers significantly raised odds of Iran surrendering its enriched uranium stockpile after President Donald Trump claimed the Middle-Eastern country agreed to abandon nuclear weapons.
Polymarket Traders Raise Optimism
Polygon (CRYPTO: POL)-based Polymarket showed a 40% possibility of Iran officially pledging to give up its stockpile by the end of the month, up from 30% a day earlier.
The odds of this happening by the end of June spiked 14 percentage points to 65%, while the chances of this happening anytime before the end of 2026 rose to 72%.
The bet has already garnered over $1 million in wagers on the outcome. To qualify, Iran must publicly commit to transferring all or part of its enriched uranium stockpile to an entity outside its jurisdiction and influence.
Meanwhile, the odds that Iran ends uranium enrichment rose, with punters pricing in a 65% chance of an official pledge by June 30. The odds of this happening by the end of the year jumped 8 percentage points to 72%.
Iran To Hand Over ‘Nuclear Dust’
The spike comes after Trump said that Iran has agreed to give their “nuclear dust” to the U.S. and committed to abandoning nuclear weapons. The Iranian side has yet to confirm these claims.
When asked if he’s considering extending the two-week ceasefire, Trump replied, “We’re doing very well. I can tell you, maybe, it’ll happen before that. I’m not sure it needs to be extended.”
Vice President JD Vance said earlier that a diplomatic breakthrough with Iran remains within reach, but only if Tehran agrees to Washington’s core nuclear demands.
Iran said it will determine the next round of talks following an internal assessment of its meeting with the Pakistani delegation, which includes Asim Munir, Pakistan Army Chief.
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