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Polymarket buys DeFi startup Brahma to simplify crypto prediction markets

Polymarket buys Brahma to simplify crypto prediction markets

Polymarket, the largest blockchain-based prediction markets, has acquired Brahma, a decentralised finance infrastructure startup.

The deal is aimed at making the platform easier to use by pulling more advanced DeFi machinery into the product without forcing users to deal with the usual crypto friction.

The main focus is user experience. Brahma’s team will work on simplifying wallet creation, deposits, and redemption of outcome tokens, so Polymarket can hide more of the technical plumbing behind a cleaner interface. The move keeps Polymarket rooted in crypto, though with less hassle for people using it.

Brahma comes in with real operating scale. The company has handled more than $1 bn in transactions, giving Polymarket a team used to moving digital assets efficiently and at volume.

As part of the deal, Brahma’s team will join Polymarket and wind down work on outside client projects to focus fully on the platform’s infrastructure and upcoming products.

Liquidity is another part of the logic. Smaller and more specialised prediction contracts often struggle to attract enough trading activity, which makes those markets less useful.

Brahma’s DeFi background is expected to help bring in more capital and more market makers, especially in thinner parts of the platform where trading depth still needs work.

The acquisition also makes Polymarket’s strategic position clearer. Rather than softening its crypto identity, the company is leaning further into it.

While some rivals keep building around traditional financial rails, Polymarket is putting more weight behind a crypto-native model and using infrastructure deals to sharpen that edge.

This is not the company’s first move on that front. Earlier this year, Polymarket acquired Dome, a Y Combinator-backed startup, to strengthen its developer tooling. It also bought executive search firm Lunch, part of a broader push to scale both product and operations. Different targets, same idea.

Financial terms were not disclosed, though the transaction has been described as a substantial all-equity deal.

That structure suggests both sides are betting on shared upside rather than a quick payout, which tells you something about how they see the combined business.

The deal also fits a wider shift in the market. Prediction platforms and DeFi infrastructure are moving closer together, creating room for more flexible and more complex financial products built around event outcomes. Polymarket is clearly trying to place itself at the front of that shift.

That fit seems to have come together quickly. Brahma co-founder Arjun Dandagi described the early discussions as builders talking to builders.

Polymarket chief executive officer Shayne Coplan was looking for a team able to ship high-quality products fast and at scale, and that shared engineering mindset appears to have pushed the talks forward.