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Polymarket News: Valuation Soars Through Summer
Polymarket's valuation could reach $10 billion as it relaunches in the US following Commodity Futures Trading Commission approval and plans to triple its valuation with new funding.
15 Articles
15 Articles
Polymarket has seen its valuation skyrocket in a new funding round after its CEO said the betting platform has been cleared to launch in the US.
Polymarket CEO Shayne Coplan said the company has been cleared for a US launch.Eugene Gologursky/Getty Images for The New York TimesPolymarket is a betting platform for real-world events that accurately predicted Trump's 2024 win.The company is raising another funding round that is set to at least triple its valuation, according to sources.A spokesperson for Polymarket declined to comment.Polymarket, a popular betting platform for real-world eve…
Polymarket and Kalshi Aim Billions After Regulatory Approval
Polymarket seeks a $9B value after new CFTC approval allows U.S. expansion. Kalshi nears a $5 billion valuation as August trading volumes reach $875 million. Both firms show rising growth as investors see prediction markets gaining trust. Prediction-market platforms Polymarket and Kalshi are preparing for multibillion-dollar valuations as regulatory decisions, trading growth, and institutional capital reshape the sector. According to sources, Po…
Polymarket Eyes $10 Billion Valuation As US Expansion Nears
Decentralized prediction market platform Polymarket is in the spotlight as it pursues a fresh funding round that could boost its valuation to as much as $10 billion. The move comes as the platform prepares for a highly anticipated entry into the US market. According to a report from Business Insider, citing two people familiar with […]
Sources with knowledge of the case assure that the platform is about to complete a new round of financing, and it is expected to raise enough capital to raise its valuation over $10 billion. *** Polymarket seeks to multiply its previous valuation of $1 billion with a new round of investment. Expansion to the US comes after regulatory approval and strategic alliances with influential figures and Chainlink. Donald Trump Jr. joins the advisory boar…
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