Polymarket, the leading crypto prediction market, has disclosed raising a quiet million across two previously unannounced funding rounds, according to CEO Shayne Coplan. The disclosure confirms the platform’s rapid rise, placing its value at billion before a separate massive investment from the parent company of the New York Stock Exchange.
The funding was secured in two tranches: A million round in 2024 led by Blockchain Capital, which valued the firm at million and a million round in 2025 led by Founders Fund, which brought its valuation to billion.
The total funding for Polymarket now stands at nearly million prior to its most recent deal. The 2025 funding round included a roster of major institutional backers, such as Ribbit, Valor, Point72 Ventures, Coinbase, and Dragonfly, Coplan stated.
The revelation of the past funding rounds follows closely on the heels of the Intercontinental Exchange (ICE)—the parent company of the New York Stock Exchange (NYSE)—announcing plans to invest up to billion in Polymarket. This strategic investment values the prediction platform at a staggering billion post-money, a significant jump from its prior billion private valuation.
ICE Chairman and CEO, Jeffrey C. Sprecher, praised Polymarket’s focus on user engagement, stating, “Together, ICE and Polymarket can tap into new opportunities across event-driven markets.”
The partnership will see ICE globally distribute Polymarket’s event-based data and collaborate on tokenization initiatives, aiming to bridge prediction markets with traditional finance ().
