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The prediction market Polymarket is in talks for $400 million in funding, valuing it at $15 billion.

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PANews
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2 hours ago
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PANews April 20 news, according to The Information citing informed sources, the prediction market platform Polymarket is in talks with investors regarding financing, planning to raise 400 million dollars at a valuation of approximately 15 billion dollars (including new funds). This financing will be added to the 600 million dollar funding round invested by the Intercontinental Exchange (the parent company of the New York Stock Exchange) last month, which did not disclose the valuation at that time. Polymarket is seeking to add more strategic investors beyond the Intercontinental Exchange.

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