Polymarket Secures Massive $10B Funding Round for US Market Debut

Prediction market giant Polymarket just landed the crypto industry's biggest funding round of the year—$10 billion to storm the US market.

The Regulatory Gambit

That war chest isn't just for expansion—it's ammunition for navigating America's brutal regulatory landscape. Polymarket's betting big that their prediction markets can finally crack the US mainstream.

Market Impact

This move signals institutional confidence in prediction markets despite regulatory headwinds. The funding round dwarfs most traditional fintech raises—because apparently, betting on world events requires more capital than actual innovation these days.

With $10 billion behind them, Polymarket isn't just entering the US—they're declaring war on conventional betting markets. Whether regulators play ball remains the real billion-dollar question.

Polymarket prepares for U.S. debut

The news comes as Polymarket prepares for the relaunch of its U.S. operations for the first time since January 2022. At the time, the Commodity Futures Trading Commission charged the firm with offering off-exchange “event-based binary options” without registering.

However, under new management, the CFTC has rescinded its earlier decision. On Sept. 3, Polymarket’s founder, Shayne Coplan, revealed that they had received a green light to once again enable U.S. investors to trade.

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

The news came after Donald TRUMP Jr joined the company’s advisory board following an investment from 1789 Capital on Aug. 26. The connection to the U.S. president’s son could have given Polymarket the regulatory weight it needed in Washington.

“Polymarket is the largest prediction market in the world, and the U.S. needs access to this important platform,” said Donald Trump Jr. “Polymarket cuts through media spin and so-called ‘expert’ opinion by letting people bet on what they actually believe will happen in the world.”