Polymarket completes acquisition of Brahma, expanding crypto and DeFi infrastructure

SmartContractAuditor · 2026-04-08T11:46:22+00:00

Polymarket has acquired DeFi infrastructure company Brahma to enhance platform trading reliability, execution speed, and capital efficiency, while also lowering the barrier to entry for new users and strengthening cross-chain interoperability. The Brahma founding team will continue to be involved in key projects.

SmartContractAuditor

2026-04-08 11:46:22

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Odaily Planet Daily News reports that Polymarket has announced that it has completed its acquisition of DeFi infrastructure company Brahma. Brahma was co-founded by Alessandro Tenconi, Akanshu Jain, and Bapireddy Karri, and its team will continue to serve in key roles, responsible for infrastructure, protocol design, and product integration, among other work. This consolidation is intended to improve the reliability of trading on the Polymarket platform, execution speed, and capital efficiency, while lowering the barrier for new users to get started and strengthening interoperability across blockchain networks.

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