Polymarket’s 400 million dollar fund at a valuation of 15 billion dollars

Prediction markets platform Polymarket is targeting a $400 million fundraising round, which is valued at $15 billion, including the new fund, The Information reported on Sunday, citing people familiar with the matter.

The $15 billion figure is a 67% jump from Polymarket's $9 billion estimate for October 2025, when Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, led the $2 billion investment.

According to the report, the new round will increase ICE's holdings and could bring the total new financing to $1 billion.

Polymarket is looking to bring in additional strategic investors alongside ICE. As the sector continues to strengthen, the company is expanding its push into forecast markets.

Transaction volume and users

Prediction markets have expanded from crypto platforms to multibillion-dollar financial markets, with monthly volumes growing from roughly $1.2 billion in early 2025 to more than $20 billion by January 2026, according to TRM Labs.

The overall growth reflects both the participation of existing users and a large influx of new entrants, with leading platforms now reaching 840,000 unique active wallets per month.

Marketing activity is increasingly focused on geopolitics, macroeconomics and political events, which now account for the majority of market volume.

Kalshi and Polymarket currently dominate the prediction marketplace in terms of transaction volume, liquidity and user engagement.

Beyond the political and sports markets, Polymarket has begun offering forecast contracts on commodities and individual stocks, combining real-time price data from Oracle providers such as Peet and Chainlink.