Polymarket finds US gateway through PrizePicks alliance
Polymarket has partnered with fantasy sports platform PrizePicks to re-enter the U.S. market under a regulated framework. PrizePicks will integrate Polymarket's event contracts, offering users prediction markets for sports, entertainment, and cultural events. This partnership, alongside plans to serve as a clearinghouse for DraftKings' predictions product, positions Polymarket as central infrastructure for the growing prediction market sector. Polymarket's return follows its acquisition of QCEX and a CFTC settlement in 2022. The platform has seen significant growth, with billions in traded prediction volume, and has secured investment from Intercontinental Exchange. The expansion aligns with a broader surge in demand for regulated prediction platforms.
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Polymarket's Partnership with PrizePicks
Polymarket is leveraging fantasy sports leader PrizePicks’ user base and regulatory standing as its gateway to re-entering the U.S. market. The two companies have partnered to establish a regulated framework, allowing Polymarket to integrate its prediction markets into PrizePicks’ platform. This collaboration enables access to a new class of predictions on sports, entertainment, and cultural events. According to a prepared statement issued on November 11, PrizePicks will incorporate Polymarket’s event contracts directly into its ecosystem.
The Road to a Regulated Return
Polymarket’s re-entry into the U.S. market has been in preparation following its acquisition of QCEX, an exchange and clearinghouse, earlier this year. This marks a turning point for the company, which had previously blocked U.S. users in 2022 as part of a settlement with the CFTC. Polymarket sees the partnership with PrizePicks as a landmark opportunity to demonstrate how prediction markets can enhance engagement in areas like sports and entertainment.
DraftKings Partnership and Strategic Positioning
Polymarket isn’t stopping with PrizePicks. The company is also preparing to serve as the designated clearinghouse for DraftKings’ upcoming predictions product, according to remarks made by DraftKings CEO Jason Robins during the firm’s most recent earnings call. This dual partnership approach with two significant industry players reflects a deliberate strategy to position Polymarket as the central infrastructure layer for prediction markets across the broader sector. The partnerships underscore the intent to solidify its role as a wholesale provider to retail-focused giants.
Polymarket’s Growth and Funding Milestones
The company’s aggressive expansion comes at a time when prediction markets are rapidly growing. Polymarket claims that billions of dollars in prediction volume have been traded on its platform in 2025 alone. This impressive activity has attracted institutional investors, including a strategic investment of up to $2 billion from the Intercontinental Exchange, the parent company of the New York Stock Exchange. These investments highlight both confidence in Polymarket’s business model and the broader trend within the sector.
A Broader Boom in Predictions Markets
The timing of Polymarket’s expansion coincides with a broad surge in interest in the predictions sector. Social platforms and exchanges are competing to capture the rising retail demand for event-based speculation. For example, Trump Media is planning to launch Truth Predict, a regulated predictions platform integrated into Truth Social. Powered by Crypto.com’s CFTC-registered derivatives exchange, Truth Predict will enable users to trade contracts tied to elections, economic indicators, and sports outcomes. Polymarket’s moves align with and capitalize on this growing trend toward event-driven trading opportunities.