Polymarket Chases $10B Valuation as Galaxy Digital Snaps Up $536M in Solana

Chainlink Integrates Oracle Infrastructure Into Polymarket to Enable Real-Time, Automated Settlement of Prediction Markets on Polygon

Chainlink and Polymarket have partnered to integrate Chainlink’s oracle infrastructure into Polymarket’s prediction markets, now live on Polygon mainnet. The integration uses Chainlink Data Streams and Automation to provide low-latency, verifiable, and automated onchain settlement of asset pricing markets, improving accuracy and speed. Beyond deterministic markets, the partnership is exploring ways to resolve more subjective questions without relying on social voting. Chainlink’s decentralized network ensures reliable, tamper-proof data, already securing nearly $100 billion in DeFi TVL. Polymarket, which recently acquired CFTC-licensed QCEX for $112 million, aims to expand its data-driven prediction markets globally, delivering real-time insights for crypto and other event outcomes.

Trump-Backed WLFI Advances 99.6% Approved Proposal to Burn Protocol-Owned Liquidity Fees Amid Broader $400 Million DeFi Buyback Trend

World Liberty Financial’s community is voting on a proposal to route all protocol-owned liquidity fees into open-market buybacks of WLFI, which would then be permanently burned. The initiative, currently backed by 99.57% of voters, aims to reduce circulating supply and increase token value by tying treasury-owned LP fees directly to burn mechanics. If passed, the program could later extend to other revenue streams, while community and third-party LPs remain unaffected. WLFI, backed by members of the Trump family, recently launched alongside a fully reserved stablecoin and broader DeFi integration plans. The move mirrors a wider DeFi trend where protocols like Hyperliquid, Pump.fun, and Raydium have recycled nearly $400 million into buybacks since June. Despite the governance push, WLFI has fallen almost 40% from its all-time high after its September debut.

Galaxy Digital Acquires $536 Million in Solana as Forward Industries’ Treasury Pivot and Institutional Accumulation Push SOL Past BNB in Market Cap

Galaxy Digital has reportedly acquired 2.31 million Solana (SOL) tokens worth $536 million, with transfers traced from Binance, Bybit, and Coinbase wallets. This comes shortly after Galaxy’s $300 million investment into Forward Industries’ Solana-focused treasury pivot, part of a $1.65 billion private placement led alongside Jump Crypto and Multicoin Capital. Forward’s stock surged 135% in five days amid excitement over the strategy. Solana’s rally to $236.83 pushed its market cap to $126.4 billion, surpassing BNB for the fifth spot in global rankings. Institutions are increasingly adopting Solana-based treasury strategies, with companies like BIT Mining (soon SOLAI Limited) and Upexi building large SOL positions. Upexi now holds over 2 million SOL, earning $105,000 in daily staking rewards, and recently added Arthur Hayes to its advisory board. The trend reflects growing institutional confidence in Solana as a core digital asset play.

Polymarket Eyes $3–10 Billion Valuation in New Raise Ahead of U.S. Launch After Regulatory Green Light and Trump Jr. Advisory Role

Polymarket is raising a new funding round that could value the prediction market platform between $3 billion and $10 billion, potentially tripling its $1 billion valuation from earlier this year. Investor demand has surged as the company prepares for a U.S. launch after reportedly receiving regulatory approval. Founded in 2020, Polymarket rose to prominence during the 2024 U.S. presidential election by correctly predicting Donald Trump’s win, and it now hosts markets spanning politics, sports, and pop culture. Donald Trump Jr. recently joined its advisory board, with his firm 1789 Capital making a strategic investment. Previous backer Founders Fund led Polymarket’s last round, bringing total funding to $255 million.

Polymarket Integrates Chainlink Oracles on Polygon to Automate Market Resolution and Prepare for U.S. Expansion After QCEX Acquisition

Polymarket has integrated Chainlink’s oracle infrastructure to improve the reliability and automation of prediction market resolutions. The partnership combines Chainlink Data Streams for fast, verifiable price feeds with Chainlink Automation for onchain settlement, now live on Polygon mainnet for crypto trading pairs. Beyond price-based markets, the collaboration will explore using deterministic data to resolve more subjective questions, reducing reliance on social voting. The upgrade follows past challenges with oracle governance attacks and disputes over delayed or manipulated outcomes. Chainlink’s decentralized oracle networks, already securing much of DeFi, aim to turn prediction market prices into trusted real-time signals. Polymarket, founded in 2020, has grown into a leading prediction platform and recently acquired CFTC-licensed QCEX, setting the stage for a U.S. launch.