Polymarket Acquires Brahma in All-Stock Deal

Polymarket completed its all-stock acquisition of DeFi infrastructure startup Brahma. The transaction integrates Brahma’s smart account technology into Polymarket’s onchain prediction markets platform.

Brahma’s founders and team will focus on Polymarket’s core infrastructure and product stack. Brahma, founded in 2021, processed more than $1 billion in DeFi transaction volume and will wind down standalone products within about 30 days. The deal is described as aimed at improving execution speed, reliability, and liquidity as prediction markets expand.