According to Polymarket and Brahma, the acquisition brings Brahma’s team and execution technology into Polymarket as competition in prediction markets grows and Brahma winds down its existing products.
Polymarket announced it has acquired financial infrastructure firm Brahma in an undisclosed deal aimed at scaling its blockchain infrastructure and broader product suite. According to Polymarket, Brahma built real-time execution and settlement systems for high-volume digital asset and fintech transactions, and its team and technology will now be integrated into the prediction market platform. Brahma said it has processed more than $1 billion in transaction volume and over $100 million in total value locked, but all of its products, including Brahma Accounts, Agents and Swype.fun, will be phased out within 30 days, with users instructed to migrate funds and positions. Polymarket CEO Shayne Coplan said the company is adding teams that have already solved difficult infrastructure problems. The report also notes that fundraising discussions have reportedly valued Polymarket at about $20 billion, though those talks are early and may not lead to an investment.