{"id":63917,"date":"2026-03-19T13:19:29","date_gmt":"2026-03-19T06:19:29","guid":{"rendered":"https:\/\/hbbgroup.net\/polymarket-buys-defi-startup-brahma-in-latest-acquisition-wave\/"},"modified":"2026-03-19T13:19:29","modified_gmt":"2026-03-19T06:19:29","slug":"polymarket-buys-defi-startup-brahma-in-latest-acquisition-wave","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/vi\/polymarket-buys-defi-startup-brahma-in-latest-acquisition-wave\/","title":{"rendered":"Polymarket buys DeFi startup Brahma in latest acquisition wave"},"content":{"rendered":"
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Blockchain prediction markets platform Polymarket is acquiring Brahma, a crypto startup that provides decentralized finance (DeFi) infrastructure.<\/p>\n

\u201cAs part of this transition, our team will dedicate itself to evolving Polymarket\u2019s stack and product suite,\u201d Brahma stated in an announcement<\/a> on Wednesday.<\/p>\n

Brahma, founded in 2021, says it has processed over $1 billion in volume and may be used by Polymarket to reduce friction around wallet creation, deposits, and token redemptions.<\/p>\n

The acquisition could also bring more liquidity to niche, low-volume prediction markets on Polymarket.\u00a0<\/p>\n

\u201cBuilding reliable infrastructure across blockchain networks and traditional financial rails is hard\u2014there are no shortcuts,\u201d Shayne Coplan, founder and CEO of Polymarket, told<\/a> Fortune.<\/p>\n

He added that the Brahma team has shown it can design, operate and scale complex products for sophisticated users. Financial details of the acquisition were not disclosed at the time.<\/p>\n

Brahma to wind down products<\/h2>\n

In its four years of operation, Brahma has developed three main products: Strategy Vaults for automated DeFi strategies; Brahma Accounts, smart accounts for DeFi users; and Swype.fun, a Visa card linked to DeFi positions for real-world spending.<\/p>\n

The firm stated that each product will be wound down over the next 30 days as the acquisition proceeds.<\/p>\n

Related: <\/strong><\/em>Prediction markets boom on Iran bets as Congress eyes ban<\/strong><\/em><\/a><\/p>\n

Polymarket has quickly grown to a reported $20 billion<\/a> valuation amid rapid growth in prediction markets.\u00a0<\/p>\n

Polymarket TVL and volume have surged in recent months. Source: <\/em>DeFiLlama<\/em><\/a><\/figcaption><\/figure>\n

Polymarket acquisition spree continues\u00a0<\/h2>\n

Polymarket has continued to invest in expansion despite a broader crypto market decline and a surge in interest<\/a> in AI.<\/p>\n

The company announced<\/a> on March 10 that it was partnering with Palantir Technologies and TWG AI to develop an AI-powered sports integrity platform.\u00a0<\/p>\n

It also acquired Y Combinator-backed startup Dome in February, which provides developer tools for prediction markets, and Lunch, a boutique firm specializing in recruiting and assembling teams for tech startups.\u00a0<\/p>\n

However, the platform has faced resistance<\/a> across the globe, most recently in Argentina<\/a>, over its unregulated gambling markets and war bets<\/a>.<\/p>\n

Magazine: <\/strong><\/em>Metaplanet\u2019s Japan Bitcoin bet, Bithumb ordered suspension: Asia Express<\/strong><\/em><\/a><\/p>\n