Polymarket annualized revenue surpasses $1 billion six weeks after its U.S. exchange launch

This photograph shows set up screens displaying the logo and home page of US cryptocurrency based prediction market platform Polymarket, in Saint-Mande, east of Paris, on April 29, 2026. Martin Lelievre | AFP | Getty Images Prediction market platform Polymarket's annualized revenue are now well above $1 billion, the company shared exclusively with CNBC on Friday. Polymarket's disclosure comes six weeks after the company lifted the waitlist for its U.S. exchange, which operates separately from its international, decentralized finance platform. It also comes as the FIFA World Cup has sent trading volumes surging across various prediction market exchanges since the tournament's start. Volume on the company's U.S. platform has gone from around $50 million per day in mid-May to more than $200 million on June 20, according to data on Dune Analytics. On Polymarket's international platform, weekly trading volume totals have surged to all-time highs amid the World Cup boom after experiencing declines in April and May . The U.S. exchange was launched in December and developed after Polymarket was originally prohibited from operating in the country in 2022 for not properly registering with regulators. In July, the Commodity Futures Trading Commission and the Department of Justice dropped their investigations into the company without charges , and Polymarket U.S. operates as a CFTC-regulated exchange . Polymarket's U.S. …