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    Polymarket

    Polymarket is an American cryptocurrency-based prediction market headquartered in Manhattan, New York City. Users trade shares that represent the likelihood of future outcomes, such as sports matches, economic indicators, and political and legislative outcomes.

    Chief Executive Officer
    Founder
    Shayne Coplan
    Founded
    2020

    Who it reaches

    Individuals who trade on future outcomes, mostly sports, using cryptocurrency.

    Key facts

    Founded
    June 2020source
    Headquarters
    Manhattan, New York Citysource
    Funding raised
    $70 million across two funding rounds (announced May 2024)source
    Valuation
    $8 billion, after an investment of up to $2 billion from Intercontinental Exchange (October 2025)source
    Valuation
    $9 billion (February 2026)source

    WYDE coverage of Polymarket

    Crypto & DeFi

    House Oversight Expands Its Prediction Market Probe to Crypto.com, Hyperliquid, and PredictIt

    Sep 30, 2026 · 2 min read

    Newsletter

    States Just Took On SNAP's Bill, Fraud Topped $900 Million in a Week, and Philanthropy Wrote $1.2 Billion in Checks. Over 71,800 Meals.

    Sep 26, 2026 · 7 min read

    Crypto & DeFi

    The CFTC Is Investigating Polymarket After a $10 Million Fraud Attempt and a Growth-Over-Compliance Push

    Sep 22, 2026 · 3 min read

    Newsletter

    Global hunger fell to 645 million, lawmakers introduced an AI kill switch, and a judge approved Anthropic's $1.5 billion settlement. Over 60,000 meals.

    Jul 25, 2026 · 7 min read

    Crypto & DeFi

    Kalshi and Polymarket Reach 27% of US Sports Betting on Record World Cup Trading

    Jul 23, 2026 · 2 min read

    Newsletter

    Visa built stablecoin rails, Wyoming set a giving record, and the EAT Card hit the App Store. Over 60,000 meals.

    Jul 18, 2026 · 6 min read

    Newsletter

    Swift's banking network turned on its blockchain, Circle became a bank, and an XRP windfall gave away $154 million. Over 60,000 meals.

    Jul 12, 2026 · 7 min read

    Crypto & DeFi

    Polymarket Files for a US License to Offer Margin Trading

    Jul 11, 2026 · 2 min read

    Crypto & DeFi

    Americans Traded $571 Million on Polymarket Political Bets Despite the US Ban

    Jul 6, 2026 · 3 min read

    Newsletter

    The rails went public, Wall Street rang the NYSE bell, and Swift and Kelce sent $26M to food banks. 60,000 meals.

    Jul 3, 2026 · 7 min read

    Crypto & DeFi

    Polymarket Faces CFTC Scrutiny and Senate Pressure Over Staged-Trade Marketing Videos

    Jun 28, 2026 · 2 min read

    Crypto & DeFi

    Kalshi Seeks $40 Billion Valuation, Widening Its Lead Over Polymarket

    Jun 25, 2026 · 2 min read

    Crypto & DeFi

    Meta Builds Prediction Markets App Arena to Rival Polymarket and Kalshi

    Jun 24, 2026 · 2 min read

    Newsletter

    $EAT Hits 7,449 Meals While Ethereum Crashes 37%. Here's Why We Keep Building.

    Feb 6, 2026 · 5 min read

    Sources

    Track the institutions that move money.

    Data-driven coverage every Friday.