Polymarket told CNBC that its annualized revenue has surpassed $1.8 billion, up from more than $1 billion in June. The increase followed the May opening of its US platform, which is regulated by the CFTC and operates separately from its international decentralized platform. Daily notional volume on the US venue rose from about $50 million in mid-May 2026 to more than $200 million by June 20. Sports contracts, boosted by the FIFA World Cup, have become a major revenue source alongside political and other events. In 2025, Intercontinental Exchange, the owner of the New York Stock Exchange, pledged up to $2 billion in investment, valuing Polymarket at roughly $8 billion.
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