Polymarket Reveals $205M in Undisclosed Funding Over Past Two Years

Crypto prediction market Polymarket has quietly raised $205 million throughout two beforehand undisclosed funding rounds, according to CEO Shayne Coplan.

The rounds, $55 million in 2024 led by Blockchain Capital at a $350 million valuation, and $150 million in 2025 led by Founders Fund at a $1.2 billion valuation, deliver complete funding earlier than its latest ICE deal to just about $279 million.

Coplan mentioned the 2025 spherical included a roster of main backers comparable to Ribbit, Valor, Point72 Ventures, SV Angel, 1789, 1confirmation, Coinbase, and Dragonfly, alongside a number of well-known angel traders.

ICE to Invest $2B in Polymarket, Valuing Prediction Platform at $9B

The disclosure comes shortly after Intercontinental Exchange (ICE), the mother or father firm of the New York Stock Exchange, announced plans to invest up to $2 billion in Polymarket at a $9 billion post-money valuation.

ICE’s submitting indicated the platform was already valued close to $8 billion earlier than the funding.

Founded in 2020, Polymarket has turn into a number one crypto-native prediction venue, permitting customers to commerce on real-world occasions starting from elections and sports activities to macroeconomic developments.

The ICE partnership will see the trade group distribute Polymarket’s event-based information globally and collaborate on tokenization initiatives geared toward bridging prediction markets and conventional finance.

“Shayne Coplan has constructed a product-focused firm centered on consumer engagement and distribution,” mentioned Jeffrey C. Sprecher, ICE’s chairman and CEO.

“Together, ICE and Polymarket can faucet into new alternatives throughout event-driven markets.”

Also, I’d prefer to share the prior two rounds which had been by no means introduced.

Earlier this yr, Founders Fund led a $150m spherical into Polymarket, valuing us at $1.2b. Also in this spherical was Ribbit, Valor, Point72 Ventures, SV Angel, 1789, 1confirmation, Blockchain Capital, Coinbase,…

— Shayne Coplan (@shayne_coplan) October 7, 2025

The announcement follows a surge of institutional and retail consideration towards prediction markets, as traders discover event-based buying and selling as an rising asset class.

In September, Polymarket hit an all-time high for the variety of lively markets on its platform, a part of a broader pattern of rising volumes and competitors from regulated US rival Kalshi.

The new disclosures underscore Polymarket’s speedy ascent from a distinct segment DeFi experiment to one of the vital beneficial startups in the crypto sector, because it positions itself for mainstream adoption and potential US market re-entry.

Polymarket Reopens in US After CFTC Greenlight

Polymarket is preparing to relaunch in the United States after almost 4 years of restrictions imposed by the Commodity Futures Trading Commission (CFTC).

The platform’s filings recommend buying and selling may resume following its acquisition of QCX LLC for $112 million in July, a transfer that granted it a Designated Contract Market license to function legally in the U.S.

The return marks a pivotal milestone for the $2.6 billion agency, which has spent the previous yr laying the groundwork for home growth by way of main board additions and important institutional funding.

CEO Shayne Coplan confirmed that the CFTC’s latest no-action letter gave the corporate the “inexperienced mild” to go stay, commending the regulator for its swift evaluate course of.

Polymarket’s US comeback follows a 2022 settlement with the CFTC that compelled it to dam American customers and pay a $1.4 million effective for operating an unregistered platform.

Despite the ban, Polymarket thrived internationally, dealing with over $6 billion in trades in the primary half of 2025 and gaining consideration for accurately forecasting Donald Trump’s 2024 election win.

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