Polymarket has announced its acquisition of Brahma, a leading DeFi infrastructure company specializing in real-time execution and settlement systems for digital asset transactions. Brahma has handled over $1 billion in transaction volume and has secured more than $100 million in total value locked, underscoring its significant market impact. While the terms of the acquisition have not been disclosed, the move is expected to enhance Polymarket’s infrastructure and product offerings.
With the acquisition of Brahma, Polymarket aims to significantly enhance its infrastructure and product suite by integrating Brahma’s team and technology. This strategic move involves the phasing out of all Brahma products, including Brahma Accounts, Brahma Agents, and Swype.fun, within 30 days. As part of this transition, Brahma users are instructed to migrate their funds and positions through the company’s website and community channels to ensure continued service. This integration is designed to bolster Polymarket’s capabilities in providing robust execution and settlement systems, thereby expanding its reach and services in the rapidly growing prediction market sector.
Polymarket is engaged in fundraising discussions that could potentially double its 2025 valuation to about $20 billion, though those discussions are in early stages and may not lead to finalized investments. The company’s acquisition of Brahma comes amid a broader expansion of the prediction-market sector, which has seen established trading platforms such as Coinbase and Robinhood enter the space.
Separately, the crypto industry context includes FTX’s bankrupt exchange preparing to repay creditors $2.2 billion this month. These developments frame Polymarket’s strategic moves as it pursues capital and navigates heightened competition and industry-wide financial events. The acquisition of Brahma, whose team and technology will join Polymarket to expand the platform’s infrastructure and product suite, is part of that broader effort.
“Brahma has quickly become an industry leader in building and developing programmable systems across blockchain systems, trading execution, and payments.”
“Building reliable infrastructure across blockchain networks and traditional financial rails is hard — there are no shortcuts.”
“With this acquisition, our team and our technology live on, to help scale Polymarket and its ecosystem.”
“Our mission to build at the core of crypto continues.”
Polymarket has acquired Brahma, with Brahma’s team and technology joining Polymarket. Polymarket intends to scale its ecosystem by integrating Brahma’s capabilities into its infrastructure and product suite to strengthen operational capacity. The transaction is presented as a strategic integration aimed at expanding Polymarket’s technical capacity and supporting broader platform growth across its services.
