Polymarket on the Verge of Raising $200M at $1B Valuation: Report

Polymarket on the Verge of Raising $200M at $1B Valuation: Report


Blockchain-based prediction market Polymarket is edging closer to a $200 million raise at a $1 billion valuation, The Information reported, citing people familiar with the plan.

Peter Thiel’s Founders Fund is said to be leading the round, the report added. The $200 million figure includes $50 million that was raised in previously unannounced funding.

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According to SimilarWeb, Polymarket notched a record high in terms of

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