Polymarket completes acquisition of Brahma to expand encryption and DeFi infrastructure

Polymarket announced that it has completed its acquisition of DeFi infrastructure company Brahma. Brahma was co-founded by Alessandro Tenconi, Akanshu Jain and Bapireddy Karri, and its team will continue to play key roles in infrastructure, protocol design and product integration. The integration aims to improve the transaction reliability, execution speed and capital efficiency of the Polymarket platform, while lowering the threshold for new users and enhancing interoperability across blockchain networks.