Polymarket Set to Reach $1B Valuation as BitGo Surpasses $100B in Custody

Two significant developments highlight the growing institutional adoption and investor confidence in the crypto sector.

BitGo's assets under custody reached $100B in 2025, up from $60B earlier this year, driven by increased demand for staking services.
Polymarket is set to raise $200M at a $1B valuation, fueled by its popularity during the 2024 U.S. presidential cycle, processing over $3.3B in bets.

Institutional Interest and Market Trends

BitGo has expanded operations into South Korea and Dubai, emphasizing security and compliance for institutional clients. In contrast, Polymarket attracts venture capital investments due to its decentralized platform focusing on high-risk, high-reward opportunities.

Both companies reflect the diversification within the crypto market, illustrating interest from institutions and venture funds. BitGo may pursue a public listing by late 2025, while Polymarket is considering a token launch to enhance user engagement.

The contrasting successes of BitGo and Polymarket indicate robust confidence across different segments of the crypto economy.