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just saw polymarket acquired brahma and honestly didn't know much about what is a brahma until i looked it up - apparently they were this financial infrastructure company that built execution and settlement systems for crypto and fintech stuff. processed over $1 billion in volume which is pretty solid.
the move makes sense i guess, polymarket's been growing and they need better infrastructure to scale. brahma's team is coming over to help with that. what's interesting is brahma's shutting down all their products in 30 days though - so if anyone was using brahma accounts or their other stuff, gotta migrate everything out quick.
there's also chatter about polymarket potentially raising at like $20 billion valuation which would be wild. feels like prediction markets are becoming a bigger deal now that coinbase and robinhood jumped in too. curious how this infrastructure upgrade plays out for them