Polymarket Annualized Revenue Tops $1.8 Billion

Polymarket says its annualized revenue has surpassed $1.8 billion as activity on its US prediction market exchange continues to rise. The figure is well above the annual revenue run rate of more than $1 billion disclosed in June, shortly after the company launched its domestic exchange in May. That venue operates separately from Polymarket’s international decentralized finance platform. Notional volume on the US exchange reached more than $14.5 billion in October, compared with around $4 billion in June.