Polymarket Eyes $400M Raise at $15B Valuation Amid Surging Prediction Market Demand: Report

Polymarket Eyes $400M Raise at $15B Valuation Amid Surging Prediction Market Demand: Report

Dark Mode Toggle Ball Crypto News Today Market Updates Margin Trading Guides Videos Price Analysis BTC Analysis ETH Analysis XRP Analysis Bitcoin For Beginners Interviews Editorials DeFi & NFT Buy Crypto Language Bulgarian Turkish Spanish © Copyright CryptoPotato Home » Crypto News Prediction markets platform Polymarket is in discussions with investors to raise $400 million in fresh funding, which could place its valuation at around $15 billion, according to a report by The Information. The move comes shortly after competitor Kalshi completed a $1 billion funding round that put the company at about $22 billion. The new financing round is expected to bring the total capital raised to around $1 billion if additional strategic investors are included. Polymarket recently announced a $600 million investment from Intercontinental Exchange, the parent company of the New York Stock Exchange (NYS

Source: https://cryptopotato.com/polymarket-eyes-400m-raise-at-15b-valuation-amid-surging-prediction-market-demand-report/