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Polymarket Nears $200M Raise, Eyes $1B Valuation

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Polymarket Nears $200M Raise, Eyes $1B Valuation According to Bloomberg and Reuters, Polymarket, a blockchain-based prediction platform, is close to raising $200 million in fresh funding, which may raise its valuation to the $1 billion "unicorn" level. Despite Polymarket's continuous regulatory issues in the United States, it is anticipated that Peter Thiel's Founders Fund would lead the investment round, indicating strong institutional trust. The FBI executed a search warrant on found... Polymarket Nears $200M Raise, Eyes $1B Valuation