Polymarket has acquired DeFi infrastructure startup Brahma as part of its ongoing expansion strategy to strengthen its prediction market platform.
The acquisition is expected to improve user experience by reducing friction in wallet creation, deposits and token redemptions while potentially boosting liquidity in lower-volume markets.
“Building reliable infrastructure across blockchain networks and traditional financial rails is hard—there are no shortcuts,”
Said Polymarket CEO, Shayne Coplan.
Brahma, founded in 2021, has processed over $1 billion in volume and developed tools such as smart accounts, automated strategy vaults and a DeFi-linked payment card.
As part of the deal, Brahma will wind down its existing products over the next 30 days while its team integrates into Polymarket’s technology stack.
The acquisition follows a series of recent deals by Polymarket, including the purchase of developer platform Dome and recruitment firm Lunch, as it scales operations.
Despite rapid growth and a reported $20 billion valuation, Polymarket continues to face regulatory scrutiny in multiple jurisdictions over its prediction market offerings.