Polymarket Relaunches in US After Nearly Four Years of Being Banned

Polymarket, a New York-based cryptocurrency-powered platform, is gearing up for a major comeback after being banned from operating in the US nearly four years ago. The platform, which allows users to trade on various events such as sports outcomes, politics, and entertainment, has been making waves with its innovative approach to prediction markets.

The relaunch of Polymarket comes after a successful investment of $2 billion by Intercontinental Exchange (ICE) in October 2025, valuing the company at $8 billion. This significant funding will help Polymarket expand its operations and improve its services, making it more competitive in the market.

One of the key features that set Polymarket apart from other prediction market platforms is its ability to trade on real-world events. Users can buy or sell contracts on various outcomes, including sports games, elections, and entertainment events. This unique feature has attracted a large user base and helped Polymarket become one of the leading platforms in the prediction market landscape.

Polymarket's relaunch is also made possible by its partnerships with professional sports leagues such as the NHL and UFC. These partnerships will allow Polymarket to increase its user base and provide users with more accurate and reliable information on various events.