Polymarket Reportedly Looking To Raise $200 Million At $1B Valuation
Posted On June 24, 2025
Blockchain-based prediction platform Polymarket is reportedly in advanced stages of raising $200 million in new funding, potentially pushing its valuation to $1 billion, according to sources cited by The Information.
The round is said to be led by Peter Thiel‘s Founders Fund, with the total figure including $50 million from an earlier, undisclosed raise.
Polymarket has seen rapid growth, recently surpassing major betting platforms like FanDuel, DraftKings, and Betfair in …
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