Prediction market platform Polymarket has crossed an annualized revenue run rate of more than $1 billion, the company told CNBC, just six weeks after removing the waitlist for its U.S. exchange.
According to the report, trading activity has accelerated sharply as the FIFA World Cup fueled increased interest in prediction markets.
Polymarket's U.S. exchange launched in December after the company returned to the American market under regulation by the Commodity Futures Trading Commission. Earlier investigations by the CFTC and the Department of Justice were dropped without charges.
A company spokesperson told CNBC that Polymarket is focused on expanding its U.S. platform with stronger liquidity and an improved consumer experience.
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JUST IN: Polymarket’s annualized revenue tops $1B as World Cup volumes surge; U.S. platform now CFTC-regulated after previous ban and ongoing DOJ/CFTC consideration. $PYM pic.twitter.com/XJL8GVZmlo
— Bpay News (@bpaynews) June 26, 2026
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