Polymarket Returns to U.S. With $8B Valuation

[johnblockbuster]

Rival platform Polymarket is back in the U.S. after securing regulatory approval from the CFTC.

The company raised up to $2B from Intercontinental Exchange (ICE) at a pre-money valuation of $8B, up from $1B just two months ago.

Banned from serving U.S. users since 2022, Polymarket’s acquisition of a derivatives exchange and clearing house paved the way for its reentry.

CEO Shayne Coplan confirmed on X: “Polymarket has been given the green light to go live in the USA by the CFTC.”

[Nahid10]

Polymarket’s comeback is impressive — $8B valuation shows the market’s confidence in prediction platforms’ future.

[EmTeam]

Regulatory approval plus massive valuation means prediction markets are moving into the mainstream.