Crypto’s Fastest-Growing Startup Mints World’s Youngest Self-Made Billionaire
A $2 billion investment from NYSE parent ICE vaults Polymarket’s 27 year-old founder Shayne Coplan into the three-comma club and intensifies its rivalry with prediction market competitor Kalshi.
At 27, Shayne Coplan has become the world’s youngest self-made billionaire. His estimated 11% stake in Polymarket, the blockchain-based prediction platform he founded in 2020, is now worth at least $1 billion. New York Stock Exchange parent company, Intercontinental Exchange, announced it poured $2 billion into the firm at a $9 billion valuation—in exchange for a 20% stake, according to PitchBook.
The deal caps a meteoric ascent for Polymarket, which was valued at just $1.2 billion earlier this year and has quietly become crypto’s…
