Polymarket now accepts direct Bitcoin deposits, enhancing liquidity and accessibility. Supported by a $2 billion investment from Intercontinental Exchange, this move broadens user entry points while USDC remains the primary settlement token for payouts.
Polymarket has launched Bitcoin deposit functionality as of October 6, 2025, enhancing its platform's accessibility and liquidity options.
The introduction of Bitcoin as a deposit method on Polymarket signifies increased liquidity and potential growth avenues. Market activity is anticipated to climb with this integration.
Polymarket, a prominent decentralized prediction market, has introduced direct Bitcoin deposits to enhance its platform. This development marks a major boost in liquidity and appeals to both retail and institutional investors. Founder Shayne Coplan spearheads this innovation, following a significant investment by Intercontinental Exchange.
“Bitcoin deposits. Now live.” — Shayne Coplan, Founder & CEO, Polymarket on Twitter/X announcement on October 6, 2025.
The latest feature enables Bitcoin holders to directly deposit in Polymarket, broadening the utility of Bitcoin in prediction markets. This addition directly impacts Bitcoin by increasing its usage, while USDC continues to be the primary settlement token. Institutional interest was previously solidified with ICE's $2 billion backing.
Market Implications
The financial sector views this move as a significant credibility boost for Polymarket, enabling further expansion. Community reaction has been positive, with many considering Bitcoin's acceptance a path to mainstream adoption. The move aligns with historical stablecoin integrations, which fueled growth in DeFi platforms.
Potential outcomes include increased flows and enhanced cross-chain functionality. Industry experts predict that Polymarket’s infrastructure improvements will support this transition, attracting a broader user base. Though the SEC and CFTC have not issued pertinent statements, the launch suggests confidence in maintaining a compliant operating environment.