Key Takeaways:
Polymarket is reportedly in superior talks to boost $400 million at a $15 billion valuation, per The Info. ICE has already invested over $1.6 billion in Polymarket since October 2025, constructing on an $8 billion pre-money deal. Polymarket hit a document $10.57 billion in month-to-month buying and selling quantity in March 2026, with enlargement capital subsequent.
Polymarket Seeks $400M Funding Spherical, In line with The Info Sources
The Info report cited folks conversant in the matter and famous that the spherical has not been finalized, which means phrases may nonetheless change. Polymarket can also be looking for extra strategic buyers past its current backers, and if the spherical expands, complete new capital may attain $1 billion.
The talks construct on a significant funding from Intercontinental Trade, the mum or dad firm of the New York Inventory Trade (NYSE). In October 2025, ICE introduced plans to speculate as much as $2 billion in Polymarket at an roughly $8 billion pre-money valuation. The association included an fairness stake and a plan for ICE to distribute Polymarket’s event-driven knowledge as market sentiment indicators.
ICE accomplished a $600 million direct money funding in Polymarket on March 27, 2026, following an earlier $1 billion direct funding in October 2025. ICE additionally deliberate to buy as much as $40 million in securities from current holders, bringing its complete dedication to greater than $1.6 billion.
The brand new $400 million increase, in accordance with the report, is being sought at a valuation roughly 67% above the post-money determine implied by the October 2025 ICE deal, reflecting progress in buying and selling exercise and platform attain over the previous a number of months.
Polymarket operates because the world’s largest decentralized prediction market, letting customers commerce on the outcomes of elections, sports activities occasions, geopolitical developments, and crypto costs utilizing cryptocurrency. The platform runs onchain, giving individuals entry to real-time odds and clear settlement.
The prediction market platform recorded its first $10 billion-plus month-to-month buying and selling quantity in March 2026, reaching roughly $10.57 billion, with each day peaks close to $478 million. In February 2026, month-to-month quantity exceeded $7 billion, with a single-day excessive of $425 million. Buying and selling exercise into April 2026 has remained elevated throughout 1000’s of energetic markets.
Polymarket, which operates by the registered entity Blockratize, Inc., has raised over $2.3 billion in cumulative capital throughout a number of rounds courting again to a roughly $4 million seed in 2020. A $55 million spherical in 2024 valued the corporate at roughly $350 million. A $150 million spherical in early 2025, led by Founders Fund, valued it at $1.2 billion.
Competitor Kalshi not too long ago reached a valuation of roughly $22 billion in its personal funding spherical, reflecting broad investor curiosity within the prediction market sector. Kalshi operates as a regulated alternate in the USA, whereas Polymarket holds a world consumer base and leads in onchain buying and selling quantity.
Prediction markets expanded sharply in 2025 and into 2026, pushed by mainstream consideration following the 2024 U.S. elections, rising institutional participation, and clearer regulatory indicators in sure jurisdictions. ICE’s involvement has given Polymarket added credibility with conventional finance corporations and potential pathways by the regulatory course of.
If the present spherical closes at The Info’s reported phrases, it could signify one other vital step within the platform’s progress trajectory. The capital is anticipated to fund product growth, enlargement efforts, and aggressive positioning in a sector the place projections level towards a whole lot of billions in annual quantity industry-wide.
