Polymarket raids Robinhood, Coinbase, and Nasdaq for U.S. hires ahead of fall push
Polymarket is making a series of high-profile hires from Robinhood, Coinbase, and Nasdaq as it builds out its U.S. exchange. The staffing push includes marketing and senior executive roles ahead of what sources frame as a busy fall events season. Polymarket's U.S. operation launched in December 2025 and opened to the public in May 2026. The moves come as rival Kalshi extends its lead in domestic prediction markets, particularly in sports.
Polymarket is racing to close Kalshi's lead before the NFL season and midterms create a hard deadline for platform readiness. Kalshi's recent monthly volumes exceeding $30 billion set the bar Polymarket must match to justify its own valuation. Each hire from consumer tech brings speed but also risk: CFTC examiners prize process over growth hacking, and a single compliance failure on a new executive's watch would validate critics who say the platform favors velocity over controls.
The marketing revamp suggests Polymarket will spend aggressively to acquire users this fall. If execution lags, traders will stick with Kalshi's working systems. Polymarket's valuation above $20 billion depends on proving it can scale both sides at once.