Story perspectives
Young Billionaire Shayne Coplan's Polymarket Surges to $9 Billion
10/12/2025
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Story summary
- Shayne Coplan, founder of Polymarket, becomes the youngest self-made billionaire after Intercontinental Exchange invests $2 billion.
- Coplan founded Polymarket in his Lower East Side apartment, attracting a Gen Z betting audience.
- Polymarket faced regulatory challenges, including a $1.4 million fine and a temporary U.S. ban, and has since rebounded.
- Polymarket is valued at $9 billion, which underscores Coplan's aim to reveal truths.
