Polymarket acquires Craft Agents and names Viktor Páli CEO
Polymarket acquired Craft Agents, a desktop productivity application, and named co-founder Viktor Páli as CEO. Balint Orosz, Polymarket's vice president of product engineering and a former Craft co-founder, announced the deal in a post on X on June 26. Some Craft team members will join Polymarket as part of the transaction. No financial terms were disclosed. The moves come as the prediction market platform reports expanding beyond $1 billion in annualized revenue, intensifying its rivalry with Kalshi amid a broader race for market share and institutional capital in the event-contracts space.
Páli's appointment as CEO reshapes Polymarket's leadership just as Kalshi pursues a $40 billion valuation and IPO talks. The Craft deal gives Polymarket engineering talent to accelerate product development.