The Breakdown Polymarket’s $9B Comeback: Prediction Markets Return to the U.S.
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Oct 30, 2025 Polymarket is set to make a bold comeback in the U.S. with a $9B valuation, redefining prediction markets. There’s intriguing talk about how these markets are shifting towards sports betting. Visa is expanding its support for stablecoins, while Western Union ventures into issuing its own. Notably, BlackRock's CEO labels Bitcoin as an 'asset of fear,’ stirring conversations around crypto’s role in finance. The ecosystem is evolving, with mainstream platforms and institutions keen on prediction markets.
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Polymarket's U.S. Comeback
- Polymarket is preparing to relaunch in the U.S. after securing a derivatives exchange license and CFTC clearance.
- The company now sits on a $9 billion valuation backed by a $2 billion investment from ICE.
Election Moment And Legal Fallout
- Polymarket rose to prominence during the election by providing accurate voter sentiment signals.
- Founder Shane Copland faced an FBI raid and the platform later settled with the CFTC and agreed not to operate in the U.S. in 2022.
Pivot Toward Sports Betting
- Polymarket plans to relaunch primarily as a sports betting platform to capture seasonal volume.
- The move aligns prediction markets with sports and could preempt regulatory scrutiny around gambling.