Published on: November 11, 2025, at 10:45 AM.
Updated on: November 11, 2025, at 10:45 AM.
- Polymarket’s event contracts to be integrated into the PrizePicks app.
- PrizePicks set to launch its prediction markets platform soon.
The leading prediction markets platform, Polymarket, has joined forces with PrizePicks, a major player in the daily fantasy sports (DFS) landscape. This collaboration will enable the integration of event contracts into the upcoming PrizePicks mobile application.
While the financial specifics of this multi-year partnership remain undisclosed, it coincides with Polymarket’s strategy to reenter the U.S. market as the historic government shutdown concludes.
“With this partnership, PrizePicks will implement Polymarket’s event contracts, covering a wide array of sports, entertainment, and cultural events, providing fans with an innovative way to engage using the PrizePicks app,” according to a joint statement from the companies. “As Polymarket prepares for its anticipated resurgence in the United States, this collaboration enhances its goal of making prediction markets more accessible and globally trusted.”
Speculations of PrizePicks exploring entry into prediction markets surfaced in August. While an official launch date for their mobile application hasn’t been shared, expectations suggest it may happen in the near future.
The Importance of the Polymarket and PrizePicks Partnership
The announcement of the Polymarket-PrizePicks partnership comes shortly after lottery operator Allwyn acquired a 62.3% stake in the DFS enterprise for $1.6 billion in cash, valuing it at $2.5 billion. This deal indicates that Allwyn sees potential in the event contracts offered by PrizePicks.
Around the same time, it was disclosed that Atlanta’s PrizePicks attained Futures Commission Merchant (FCM) status from the National Futures Association (NFA), allowing them to offer derivatives regulated by the Commodity Futures Trading Commission (CFTC), akin to companies like Kalshi and Polymarket.
Through this alliance, Polymarket secures a partner with extensive reach in North America, as PrizePicks boasts over three million registered users and more than one million active users monthly.
PrizePicks has notably shifted away from the against-the-house model. As the largest DFS entity in North America, it currently provides player vs. house options in only three states: North Carolina, Texas, and Virginia.
Polymarket’s Recent Developments
In recent months, Polymarket has been making headlines for various reasons, including news that Intercontinental Exchange (NYSE: ICE) acquired a $2 billion stake, placing its valuation between $9 billion and $10 billion. Recent reports suggest that upon its return to the U.S. market, Polymarket aims to offer lower transaction costs compared to rival Kalshi.
Proudly claiming the title of the world’s leading prediction market, Polymarket, along with Kalshi, has recently established partnerships with the NHL and integrated its offerings into the busy Google Finance platform.
Rumors also indicate that Polymarket might elevate its valuation to between $12 billion and $15 billion in its next funding round, a significant rise from the $1 billion valuation recorded in June.