Polymarket says annualized revenue has topped $1.8 billion

Prediction market platform Polymarket disclosed that its annualized revenue has exceeded $1.8 billion, marking significant growth since June when the company reported an annual revenue run rate above $1 billion.
The expansion has been fueled primarily by activity on Polymarket’s U.S. domestic exchange, which operates as a separate trading venue from its decentralized finance international platform. The domestic exchange generated more than $14.5 billion in notional volume in October, compared