Investors Value Polymarket at $9 Billion, Reports Suggest

Polymarket considers raising capital, valuing it at $9 billion, reports say.

Polymarket is considering an offer to raise additional capital, which could value the prediction platform at $9 billion, according to The Information, citing its own sources.

The publication noted that the startup was valued at $1 billion following its previous funding round three months ago.

According to Business Insider, at least one investor has proposed a deal valuing Polymarket at $10 billion.

In early September, Polymarket received the go-ahead to resume operations in the United States. 

Polymarket has been given the green light to go live in the USA by the @CFTC.

Credit to the Commission and Staff for their impressive work. This process has been accomplished in record timing.

Stay tuned https://t.co/NVziTixpqO

— Shayne Coplan 🦅 (@shayne_coplan) September 3, 2025

CFTC announced it would not take enforcement action against QCX LLC or QC Clearing LLC regarding swap reporting and event contract record-keeping requirements. The platform acquired the licensed derivatives exchange operator QCEX in July for $112 million.

In 2022, the CFTC fined Polymarket $1.4 million for offering services without registration. The regulator classified the platform’s activities as facilitating over-the-counter binary options trading.

In 2024, it emerged that the Department of Justice was investigating Polymarket. The company allegedly failed to meet obligations and did not restrict access to its services for American clients. As part of the case, FBI agents searched the apartment of the platform’s founder and CEO, Shayne Coplan, seizing a phone and other electronics.

In July, the entrepreneur confirmed media reports about the conclusion of the Justice Department’s investigation. The CFTC also dropped all claims against the company.

According to The Information, competing prediction platform Kalshi is also close to securing investment at a $5 billion valuation. After its previous funding round a few months ago, the company was valued at $2 billion.

Kalshi operates in the U.S. as a CFTC-regulated platform with dollar deposits and traditional KYC procedures. Polymarket is only now gaining the opportunity for a legal presence in the country. The platform uses Ethereum’s second-layer network Polygon, settlements in the stablecoin USDC, and offers anonymous trading.

In May, Kalshi and the CFTC reached an agreement in a court case. The parties assumed their incurred costs and waived mutual claims. The conflict began in 2024 when the CFTC attempted to prevent the platform from launching prediction markets on the outcomes of the U.S. November elections.  

Partnership with Chainlink 

On September 12, Polymarket announced a partnership with Chainlink. The platform will integrate the on-chain oracle network on Polygon to enhance the accuracy and speed of asset price dispute resolutions.

.@Polymarket, the leading onchain prediction markets platform, has officially partnered with Chainlink to launch new 15-minute markets featuring near-instant settlement and industry-leading security.https://t.co/M5C1yRrBI5

Starting with asset pricing, the integration combines… pic.twitter.com/Dh7LQLmTdo

— Chainlink (@chainlink) September 12, 2025

There are plans to expand the use of Chainlink products to other prediction markets beyond cryptocurrency trading pairs. Resolving more subjective questions using the oracle network’s infrastructure will reduce reliance on public voting mechanisms and minimize risks, according to the press release.

Chainlink co-founder Sergey Nazarov called the partnership a “decisive step towards a world based on cryptographic truth.”

Back in April, Kalshi integrated its prediction marketplace into Robinhood.