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TheTechno Optimist.

Polymarket exchangePolymarket—Polymarket—Polymarket exchangePolymarket—Polymarket exchangePolymarket—

Polymarket

Prediction markets, order book on Polygon

US$15B privateest. 2020polymarket.com (opens polymarket.com)Checked 25 Sep

The brief

Analyst view
  • ICE, owner of the NYSE, agreed in Oct 2025 to invest up to $2B at about a $9B valuation.
  • Raised at ~$15B in April 2026, and was reported in Aug 2026 to be seeking $20B+.
  • One USDC creates a matching YES and NO share, using Gnosis's Conditional Token Framework.
Programs

Polymarket, one program

Updated 26 May 2026
Polymarket exchangeAn exchange for yes/no event shares. Polymarket matches signed orders off-chain and settles on Polygon. Disputed outcomes go to a vote of UMA token holders.ScalingUpdated 26 May 2026View program →
Research · Proto · Pilot · Deploy · Scaling

Company & funding

Valuation
$15Bprivate
HQ
US
Founded
2020

People

Key people
Primer