Polymarket Adds Bitcoin Deposits as Platform Targets $1 Billion Valuation

• Polymarket has launched on the Bitcoin network, enabling BTC deposits for users.
• The platform is reportedly finalizing a $200 million funding round at a $1 billion valuation.
• CFTC’s no-action letter has paved the way for Polymarket’s potential US relaunch.

Polymarket, one of the leading on-chain prediction markets, now lets users deposit Bitcoin (BTC) directly on its platform. The move marks the company’s official expansion to the Bitcoin network, adding new liquidity and accessibility as it prepares for a reported $200 million funding round that could value the firm near $1 billion.

Direct BTC Deposits Now Live

The company announced on October 7 that it now supports direct Bitcoin deposits, allowing users to participate in decentralized markets using the w…

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