Explore the latest developments concerning Polymarket Is Seeking.
Polymarket’s Wild Ascent Shows Prediction Markets Are the Next Big Thing
The world of prediction markets is in overdrive – and Polymarket is racing to the top.
The crypto-based forecasting platform is now said to be negotiating a funding round that could value it between $12 billion and $15 billion, a stunning leap from just a few months ago.
Back in June, Polymarket was valued at around $1 billion after securing $200 million from Peter Thiel’s Founders Fund. But the game has changed quickly. Intercontinental Exchange, parent company of the New York Stock Exchange, has since expressed plans to invest up to $2 billion at an $8 billion valuation – showing just how fast confidence in the platform is growing.
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