The Guardian Australia – Business ·business ·1 hour ago

Polymarket seeks to raise $400 million, aiming for $15 billion valuation

Polymarket, a prediction platform, is seeking to raise $400 million at a valuation of up to $15 billion. The company has seen significant growth, trading over $1 billion weekly, largely due to bets around the Middle East conflict. This funding round could increase Polymarket's valuation by two-thirds from its previous estimate of $9 billion.

Summary by Glance · The Guardian Australia – Business

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