Polymarket buys DeFi startup Brahma

Prediction market platform Polymarket has acquired DeFi infrastructure startup Brahma, its third acquisition aimed at verticalizing operations. Although financial terms remain undisclosed, Brahma will cease its current user-facing products within a month. The startup will now concentrate on enhancing Polymarket's execution capabilities. This strategic move signifies Polymarket's commitment to deepening its technological infrastructure and expanding its market presence within the decentralized finance sector.