Polymarket Acquires Brahma to Strengthen DeFi Infrastructure

Polymarket is acquiring Brahma, a crypto startup that provides decentralized finance (DeFi) infrastructure. "As part of this transition, our team will dedicate itself to evolving Polymarket’s stack and product suite," Brahma stated in an announcement on Wednesday.

Founded in 2021, Brahma 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. The deal could also bring more liquidity to niche, low-volume prediction markets on Polymarket.

"Building reliable infrastructure across blockchain networks and traditional financial rails is hard—there are no shortcuts," Shayne Coplan, founder and CEO of Polymarket, told Fortune. He added that the Brahma team has shown it can design, operate and scale complex products for sophisticated users.

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