Prediction markets platform Polymarket is concentrating on a $400 million fundraising spherical at a valuation of about $15 billion together with the brand new cash, The Data reported on Sunday, citing folks conversant in the matter.
The $15 billion determine is a 67% soar from Polymarket’s $9 billion valuation established in October 2025, when Intercontinental Alternate (ICE), the guardian firm of the New York Inventory Alternate, led a $2 billion funding.
In accordance with the report, the brand new spherical would add to ICE’s current stake and will deliver complete new financing to round $1 billion.
Polymarket can also be trying to herald further strategic buyers alongside ICE. The corporate has been increasing its push into prediction markets because the sector positive aspects momentum.
Buying and selling quantity and customers
Prediction markets have expanded from area of interest crypto platforms right into a multi-billion-dollar monetary market, with month-to-month volumes rising from roughly $1.2 billion in early 2025 to over $20 billion by January 2026, in keeping with TRM Labs.
The general progress displays each elevated engagement from current customers and a broad inflow of recent individuals, with main platforms now reaching roughly 840,000 distinctive lively wallets per 30 days.
Buying and selling exercise is more and more focused on geopolitics, macroeconomics, and political occasions, which now account for a majority of complete market quantity.
Kalshi and Polymarket at the moment dominate the prediction market area by way of buying and selling quantity, liquidity, and consumer participation.
Past political and sports activities markets, Polymarket has begun providing prediction contracts on commodities and particular person equities, integrating real-time pricing knowledge from oracle suppliers akin to Pyth and Chainlink.
