Polymarket acquires Craft Agents, with part of team joining

Balint Orosz, Polymarket’s vice president of product engineering and former Craft co-founder, disclosed the acquisition in a post on June 27.

Summary

Polymarket has acquired productivity app Craft Agents, and some members of the acquired team will join the prediction market platform. The deal was disclosed on June 27 by Balint Orosz, Polymarket vice president of product engineering and former Craft co-founder, in a social media post. The transaction points to Polymarket adding product and engineering talent as it expands its platform, a common route for technology companies seeking to accelerate development through small team acquisitions.

Terms & Concepts
  • prediction market: Platform for trading event outcomes
  • product engineering: Building and improving software products