Polymarket Acquires Brahma to Strengthen DeFi Infrastructure

TheNewsCryptoPubblicato 2026-03-19Pubblicato ultima volta 2026-03-19

Introduzione

Polymarket, the largest prediction market, has acquired DeFi infrastructure provider Brahma. The Brahma team will focus on enhancing Polymarket's product suite, aiming to reduce friction in wallet creation, deposits, and token redemptions. The acquisition is expected to bring more liquidity to niche prediction markets on Polymarket. Brahma’s three main products—Strategy Vaults, Brahma Accounts, and Swype.fun—will be discontinued over the next 30 days. This move is part of Polymarket’s continued expansion despite broader crypto market challenges. The company recently announced partnerships with Palantir and TWG AI for an AI-powered sports integrity platform and acquired Dome and Lunch in February. Financial terms of the Brahma acquisition were not disclosed.

The largest prediction market, Polymarket, has publicised that it is acquiring Brahma, a crypto startup offering decentralised finance (DeFi) infrastructure. As per the announcement on March 18, Brahma mentioned that as part of this transition, our team will commit itself to evolving Polymarket’s stack and product suite.

Brahma was rolled out in 2021, and till now it has processed more than $1 billion in volume and may be used by Polymarket to suppress friction around wallet creation, deposits, and token redemptions.

The possession could also draw more liquidity to niche, low-volume prediction markets on Polymarket. The founder and the chief executive officer of Polymarket, Shayne Coplan, mentioned that creating trustworthy infrastructure over blockchain networks and traditional financial rails is hard and there are no shortcuts.

He further went on to add that the Brahma team has signified it can design, function and scale complex products for sophisticated users. Financial details of the possession were not revealed at the time.

The Products of Brahma

In the last four years, Brahma has made three main products: Strategy Vaults for automated DeFi strategies, Brahma Accounts, smart accounts for DeFi users; and Swype.fun, a Visa card associated with DeFi positions for real-world spending.

The company mentioned that each product will be terminated over the upcoming 30 days as the acquisition proceeds. Polymarket has swiftly grown to a listed $20 billion valuation at the time of rapid growth in prediction markets.

Polymarket has carried on to invest in expansion regardless of a wider crypto market slip and an increase in interest in AI. The firm publicised on March 10 that it was collaborating with Palantir Technologies and TWG AI to create an AI-powered sports integrity platform.

It also acquired Y Combinator-supported Dome in February, which offers developer tools for prediction markets, and Lunch, a boutique company specialising in recruiting and assembling teams for tech startups.

Highlighted Crypto News Today:

Crypto Prices Retreat, Asian Markets Move the Same Way

TagsDeFiPolymarketprediction market

Domande pertinenti

QWhat is the main purpose of Polymarket's acquisition of Brahma?

APolymarket is acquiring Brahma to strengthen its DeFi infrastructure, specifically to evolve its stack and product suite, and to reduce friction around wallet creation, deposits, and token redemptions.

QHow much transaction volume has Brahma processed since its launch in 2021?

ABrahma has processed more than $1 billion in volume since it was launched in 2021.

QWhat are the three main products developed by Brahma in the last four years?

ABrahma's three main products are 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.

QWhat was the valuation of Polymarket at the time of the article, and what market trend contributed to this?

APolymarket had grown to a listed $20 billion valuation at the time, driven by rapid growth in prediction markets.

QBesides Brahma, what other companies has Polymarket recently acquired?

AIn February, Polymarket also acquired Dome, which offers developer tools for prediction markets, and Lunch, a boutique company specializing in recruiting and assembling teams for tech startups.

Letture associate

The Verdict in Choi Tae-won's Divorce Case: Revealing the Inheritance Undercurrent Behind SK Hynix's Trillion-Won Empire

SK Group Chairman Chey Tae-won's high-profile divorce case, involving a record 1.38 trillion won settlement, has drawn attention to the succession plans for Korea's second-largest conglomerate, especially its crown jewel, SK hynix. Unlike traditional chaebol scripts centered on the eldest son, Chey's three children from his marriage to former President Roh Tae-woo's daughter, Roh Soh-yeong, are carving distinct, non-traditional paths. Eldest daughter Chey Yun-jung (b. 1989) is seen as the most evident successor. With a scientific and consulting background, she holds executive roles at SK bioscience and SK Inc.'s growth support department, focusing on future strategy and biopharma. Her marriage is to an AI infrastructure entrepreneur, not a traditional business alliance. Second daughter Chey Min-jung (b. 1991) took a unique route, voluntarily serving as a South Korean naval officer, including an anti-piracy deployment. She later worked on policy and strategy for SK hynix in Washington D.C. before co-founding an AI-driven healthcare startup. She married a former U.S. Marine Corps officer, connecting her to U.S. defense and policy circles—networks crucial for a global semiconductor giant. The only son, Chey In-geun (b. 1995), who studied physics like his father, worked briefly at SK E&S before joining McKinsey. Despite fitting the traditional "heir" profile as the eldest son, he remains silent and holds no public position or shares in SK, suggesting the old succession playbook is obsolete. As SK hynix's valuation soars, becoming a geopolitical asset in the AI era, the heirs' legitimacy is no longer automatic. They must prove themselves in fields like AI biotech, global policy, and strategic consulting. Their marriages also reflect new elite networks in tech and defense, not old political alliances. Their inheritance is the complex challenge of navigating a globalized, tech-driven world, not just a corporate throne.

marsbit11 h fa

The Verdict in Choi Tae-won's Divorce Case: Revealing the Inheritance Undercurrent Behind SK Hynix's Trillion-Won Empire

marsbit11 h fa

From OpenSea to OpenRouter: Is Alex Atallah Repeating His 'Exit at the Peak' Playbook?

From OpenSea to OpenRouter: Is Alex Atallah Repeating His "Exit at the Peak" Playbook? According to the Wall Street Journal, payments giant Stripe is in talks to acquire the AI model aggregation platform OpenRouter in a potential deal valuing the company near $100 billion. This would mark founder Alex Atallah's second creation of a company reaching a $100 billion valuation, following his co-founding of NFT marketplace OpenSea. OpenRouter, founded just over three years ago, has grown rapidly by acting as a unified gateway for developers to access over 400 AI models. It currently has about 10 million users and processes over 200 trillion tokens monthly. While the platform's annualized revenue is around $50 million, its valuation has skyrocketed from $1.3 billion in March 2026. The potential acquisition by Stripe, a company OpenRouter's founder once likened it to, represents a major expansion into AI infrastructure for the payments leader. This move echoes Atallah's previous timing with OpenSea, where he departed before the NFT market's significant downturn. For OpenRouter, selling now may be strategic. Despite its scale, its business model—charging a 5-5.5% fee on AI inference calls—faces pressure from competition, open-source models, and potential price wars among model providers, limiting its profitability narrative for an IPO. A key asset for potential acquirers like Stripe is OpenRouter's vast repository of real-world AI usage data, which offers unique insights into model performance and developer preferences that are difficult to replicate. Whether this potential deal signifies a new valuation benchmark for AI infrastructure or another market peak signal remains to be seen.

链捕手11 h fa

From OpenSea to OpenRouter: Is Alex Atallah Repeating His 'Exit at the Peak' Playbook?

链捕手11 h fa

Trading

Spot
活动图片