Polymarket has completed its all‑stock acquisition of DeFi start-up company Brahma as it looks to improve its decentralized finance (DeFi) stack to speed execution and deepen its liquidity.
The prediction market says it has fully integrated Brahma’s team and smart account technology, which will strengthen its onchain prediction market platform.
Financial terms of the all‑stock deal were not made public. But the deal comes as Polymarket races rivals such as Kalshi for dominance in crypto‑native betting markets.
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Founded in 2021, Brahma has processed more than $1 billion U.S. in DeFi transaction volume and will now wind down its standalone products as it focuses entirely on Polymarket’s stack.
Analysts say that Brahma gives Polymarket a ready‑made execution layer to hide blockchain complexity from retail users.
Specifically, Brahma’s infrastructure can help users with wallet creation, deposit processes, share conversions, and redeeming digital tokens.
In a written statement, Brahma said that it will now “dedicate itself to evolving Polymarket’s stack and product suite.”
Polymarket is a fast-growing prediction market that enables users to bet on the outcome of real-world events such as wars and elections.
A private company, Polymarket’s stock doesn’t trade on a public exchange. However, the company’s valuation is currently estimated at $20 billion U.S.
