Polymarket Seeks $12 Billion Valuation After Record-Breaking Growth
Summary
Prediction market platform Polymarket is reportedly seeking a valuation between $12 billion and $15 billion, a significant jump from its $1 billion valuation in June 2025, driven by record growth. In 2025, the platform processed over $18.1 billion in trading volume and nearly doubled its daily active users. Founder Shayne Coplan, who became a self-made billionaire, launched the platform in 2020 and gained prominence after correctly predicting the 2024 U.S. election outcome.
Key to its recent success is its re-entry into the U.S. market after being fined by the CFTC in 2022. Polymarket acquired a CFTC-licensed exchange in July 2025, securing regulatory approval. This coincided with a major investment from Intercontinental Exchange (ICE), owner of the NYSE, which is distributing Polymarket's data to institutional clients and collaborating on tokenization projects.
Polymarket confirmed plans for a native POLY token launch and airdrop in 2026, prioritizing the U.S. relaunch first. Despite facing fierce competition from Kalshi, which currently leads in U.S. market share, Polymarket is aggressively expanding, securing partnerships with the UFC and Zuffa Boxing, positioning itself as a bridge between traditional finance and decentralized markets.
(Source:Brave New Coin)