polymarket annualized revenue 1 billion us exchange

Polymarket has reported annualized revenue exceeding $1 billion following the launch of its U.S.-regulated exchange. The platform has seen a significant surge in trading volume, partly driven by interest in the FIFA World Cup.
Why it matters
The growth of Polymarket highlights the increasing mainstream adoption of prediction markets and the evolving regulatory landscape for crypto-adjacent financial platforms in the U.S.
Prediction market platform Polymarket's annualized revenue are now well above $1 billion, the company shared exclusively with CNBC on Friday.
The article reports financial data and company statements neutrally without taking a stance on the platform's business model.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in