Polymarket in talks to raise $400M at a $15B valuation: Report

Polymarket in talks to raise $400M at a $15B valuation: Report

0.88%BTC$74,292 1.69%XLM$0.1674 1.60%TRX$0.3314 0.91%XMR$348.36 1.00%DOGE$0.0939 0.98%BCH$437.33 1.65%ADA$0.244 1.31%BNB$618.99 0.62%ETH$2,271 2.72%SOL$83.85 1.94%HYPE$41.03 5.94%XRP$1.39 2.20%USD Written by Brayden Lindrea,Staff WriterReviewed by Felix Ng,Staff EditorPolymarket in talks to raise $400M at a $15B valuation: Report52 minutes agoPolymarket’s potential $15 billion valuation would still put it below the $22 billion valuation of competitor platform Kalshi in its latest funding round. Prediction market platform Polymarket is reportedly in talks with investors to raise another $400 million in fresh capital, The Information reported Monday. The $400 million raise would be made at a $15 billion valuation, The Information said, citing two people familiar with the matter. The raise would add to a wave of institutional capital flowing into the predictions market space in recent month

Source: https://cointelegraph.com/news/polymarket-seeking-400-million-raise-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound