# Polymarket

> Polymarket is a New York prediction-market company that turns disagreement about elections, sports, economics, technology and culture into live prices. Traders buy and sell outcome shares, generally between $0 and $1, and the winning side settles at $1. Its international product uses blockchain rails, an order book and market-based resolution; its separately operated U.S. exchange uses CFTC-regulated infrastructure acquired with QCEX. The company also distributes its event-probability data through media, finance and sports partnerships, putting it between a trading venue, a forecasting tool and a live-news product.

- **Founded:** 2020
- **Headquarters:** New York, United States
- **Founders:** Shayne Coplan (Founder and CEO)
- **Team size:** 51-100 employees in Polymarket's own website structured data as of August 2026; public directory estimates vary.
- **Products:** Polymarket global prediction market, Polymarket US, Market data and APIs, The Oracle, Builder Program
- **Notable:** Became a widely cited real-time probability source during the 2024 U.S. presidential election, whose presidential-winner market drew more than $3 billion in trading volume., Raised $70 million across Series A and B rounds disclosed in May 2024., Acquired QCEX and its clearinghouse for a reported $112 million in 2025, creating a route back into the regulated U.S. market.

## Products & services

- **Polymarket global prediction market** — A peer-to-peer marketplace for trading fully collateralized outcome shares across politics, sports, finance, crypto, technology and culture, using blockchain-based settlement.
- **Polymarket US** — A U.S. event-contract exchange operating through QCX LLC and Polymarket Clearing, built on CFTC-designated market infrastructure acquired in 2025.
- **Market data and APIs** — Public market, order-book, trade and websocket interfaces used by developers, researchers, trading tools and data distributors.
- **The Oracle** — Polymarket's editorial newsletter, which interprets signals from more than 1,000 markets and compares crowd forecasts with conventional commentary.
- **Builder Program** — Infrastructure, documentation and economic tools for teams building interfaces, analytics and trading applications on Polymarket liquidity.
- **Perpetual markets** — A 24/7 derivatives product surfaced alongside event markets, extending the platform into continuous crypto and financial trading.

## Achievements

- Became a widely cited real-time probability source during the 2024 U.S. presidential election, whose presidential-winner market drew more than $3 billion in trading volume.
- Raised $70 million across Series A and B rounds disclosed in May 2024.
- Acquired QCEX and its clearinghouse for a reported $112 million in 2025, creating a route back into the regulated U.S. market.
- Secured an investment agreement of up to $2 billion from Intercontinental Exchange in October 2025.
- Built distribution partnerships spanning X, ICE, Dow Jones, UFC, Zuffa Boxing, MLB, OneFootball and the ATP Tour.
- Opened substantial market and order-book data to developers through public APIs and maintained open-source client software on GitHub.

## Latest updates

- **2026-08** — Polymarket became the ATP Tour's official prediction-market platform in a deal that connects real-time markets with tennis streams and covers roughly 20,000 matches per season.
- **2026-08** — Reports said Polymarket was seeking roughly $1 billion at a valuation above $20 billion; the round had not been publicly confirmed as closed.
- **2026-06** — A compromised third-party vendor injected malicious code into the website for some users. Polymarket said it contained the incident and would refund affected users in full.
- **2026-06** — OneFootball announced a global partnership to bring Polymarket-powered prediction experiences to football fans.
- **2026-03** — Polymarket acquired DeFi infrastructure company Brahma and brought its team and technology into Polymarket's stack.
- **2026-03** — Major League Baseball announced an official partnership with Polymarket alongside new integrity coordination with the CFTC.
- **2026-01** — Dow Jones and Polymarket announced an exclusive data partnership for Dow Jones products and publications.

## Links

- Website: https://polymarket.com/
- LinkedIn: https://www.linkedin.com/company/polymarket/
- Twitter/X: https://x.com/Polymarket
- GitHub: https://github.com/Polymarket
- Instagram: https://www.instagram.com/polymarket/
- Facebook: https://www.facebook.com/polymarket
- TikTok: https://www.tiktok.com/@polymarket

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Profile page: https://yespress.io/polymarket
Published by YesPress — https://yespress.io
Last updated: 2026-08-12