Reported about 7 hours ago
Polymarket is reportedly seeking to raise funds at a valuation between $12 billion and $15 billion, according to Bloomberg News. The prediction market platform, which allows users to bet on real-world events using cryptocurrency, is in early discussions with investors. In June, Polymarket was close to raising $200 million, aiming for a valuation exceeding $1 billion. Additionally, Intercontinental Exchange has announced plans to invest up to $2 billion as it looks to re-enter the U.S. market.
Source: YAHOO