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- Polymarket raised $205M in previously undisclosed rounds over two years.
- ICE partnership values Polymarket at $9B, with $2B potential investment.
- Platform sees record 33,320 markets and hints at a native token launch.
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Polymarket, a leading prediction market platform, has unveiled previously undisclosed funding rounds totaling $205 million over the past two years, setting the stage for a major expansion in the U.S. and global markets.
Two Major Funding Rounds Come to Light
CEO Shayne Coplan took to X to reveal details of the rounds. Earlier this year, Polymarket secured $150 million led by Founders Fund at a $1.2 billion valuation. The round attracted top-tier venture firms, including Ribbit Capital, Valor, Point72 Ventures, and Coinbase, along with prominent angels like Naval Ravikant, Travis Kalanick, Rick Rubin, and Ron Conway.
Markets on everything.
— Shayne Coplan 🦅 (@shayne_coplan) October 7, 2025
We’re proud to announce that $ICE, the owner of @NYSE and the largest exchange company in the world, is making a strategic investment of $2 billion into Polymarket, valuing us at $9 billion post-money.
Our partnership with ICE marks a major step in… pic.twitter.com/oShaglRx9p
The previous year, ahead of the 2024 U.S. elections, Polymarket raised $55 million at a $350 million valuation, led by Blockchain Capital. That round also saw participation from Founders Fund, 1789, 1confirmation, Abstract, Coinbase, Dragonfly, ParaFi, and SV Angel, along with high-profile angels such as Anthony Kiedis, Dylan Field, and Mark Pincus. Combined with earlier rounds, total funding now stands at roughly $279 million, prior to its new strategic deal with Intercontinental Exchange (ICE).
ICE Partnership Propels Valuation to $9 Billion
ICE, the parent company of the New York Stock Exchange, announced a potential investment of up to $2 billion in Polymarket. The partnership aims to make ICE a global distributor of Polymarket’s event-based data while exploring tokenization solutions for traditional markets. This move boosts Polymarket’s post-money valuation to $9 billion, highlighting growing institutional interest in prediction markets.
Surge in Market Activity and U.S. Expansion Plans
Polymarket recently reported its highest-ever monthly market creation, with over 33,320 new markets in October—more than double the previous record of 13,800 in August. The platform is also preparing for a U.S. return following a no-action letter from the Commodity Futures Trading Commission (CFTC), clarifying rules around event contracts.
Also Read: Polymarket Integrates Chainlink Oracles to Revolutionize Crypto Prediction Markets
Additionally, Polymarket hinted at plans for a native token launch through an updated SEC filing, suggesting the company may issue its own token under a new category of security rights.
With nearly $280 million in funding, a record surge in market activity, and a transformative ICE partnership, Polymarket is positioning itself as a major force in prediction markets and tokenized event trading, poised for global expansion.
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Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
