{"id":47405,"date":"2025-09-13T18:46:38","date_gmt":"2025-09-13T18:46:38","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=47405"},"modified":"2025-09-13T18:46:38","modified_gmt":"2025-09-13T18:46:38","slug":"polymarket-set-for-10-billion-valuation-as-us-relaunch-nears-report","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=47405","title":{"rendered":"Polymarket Set For $10 Billion Valuation As US Relaunch Nears \u2013 Report"},"content":{"rendered":"<div>\n<p>According to the latest reports, crypto-based prediction platform Polymarket is preparing for a new funding round that could see its valuation rise to $10 billion. This move to raise additional capital comes as the company prepares to relaunch in the United States.<\/p>\n<p>On September 3, Polymarket <a href=\"https:\/\/bitcoinist.com\/polymarket-set-to-go-live-in-the-us-cftc-approval\/amp\/\" target=\"_blank\" rel=\"noopener \">CEO Shayne Coplan revealed<\/a> on the social media platform X that the prediction site has received the green light from the Commodity Futures Trading Commission (CFTC) to launch in the United States.<\/p>\n<p>Polymarket, which became increasingly popular during the 2024 US presidential election, has been subject to regulatory scrutiny for the majority of this year. However, this approval decision from the CFTC marks the <a href=\"https:\/\/bitcoinist.com\/polymarkets-legal-challenges-resolved\/amp\/\" target=\"_blank\" rel=\"noopener \">conclusion of investigations<\/a> into the prediction platform\u2019s activities.<\/p>\n<h2><b>Prediction Platform To At Least Triple Its $1 Billion Valuation<\/b><\/h2>\n<p>According to a September 12 <a href=\"https:\/\/africa.businessinsider.com\/markets\/betting-site-polymarket-is-about-to-cash-in-on-a-us-expansion-with-a-blockbuster-new\/1pcqeep\" target=\"_blank\" rel=\"noopener nofollow\">report by Business Insider<\/a>, Polymarket is readying for another funding round that could triple its June valuation of $1 billion. Citing unnamed sources, the report stated that at least one investor has offered a term sheet to raise Polymarket\u2019s valuation to as high as $10 billion.\u00a0<\/p>\n<p>The crypto-based prediction marketplace reached \u201cUnicorn\u201d status and a $1 billion valuation in June after completing a $200 million funding round. Multiple reports revealed that the company\u2019s last capital raise was led by Peter Thiel\u2019s Founders Fund\u2014famous for its early backing of startups like OpenAI, Paxos, and Palantir.<\/p>\n<p>A separate <a href=\"https:\/\/www.theinformation.com\/articles\/prediction-startup-polymarket-fields-offer-9-billion-valuation-kalshi-nears-5-billion-financing?utm_source=ti_app\" target=\"_blank\" rel=\"noopener nofollow\">report revealed<\/a> that Polymarket has considered an offer that would see its company grow to as high as $9 billion. This report also claimed that the company\u2019s major competitor, Kalshi, is closing in on a $5 billion valuation in a new funding round.<\/p>\n<p>While activity on Polymarket seems to hover around $1 billion after a $2.5 billion peak in November 2024, there are high hopes for the prediction market site upon its return to the US. However, the company still faces some <a href=\"https:\/\/bitcoinist.com\/sinagapore-bans-crypto-based-prediction-platform-polymarket\/\" target=\"_blank\" rel=\"noopener \">restrictions in other countries<\/a>, including Singapore, France, Thailand, and so on.<\/p>\n<h2><b>Polymarket And Chainlink Build New Partnership<\/b><\/h2>\n<p>In a press release on Friday, Chainlink <a href=\"https:\/\/www.prnewswire.com\/news-releases\/polymarket-partners-with-chainlink-to-enhance-accuracy-of-prediction-market-resolutions-302555123.html\" target=\"_blank\" rel=\"noopener nofollow\">disclosed<\/a> its partnership with Polymarket to integrate its oracle network into the prediction platform\u2019s resolution process. The blockchain network claims that this collaboration will improve the accuracy and speed of Polymarket\u2019s market resolutions.<\/p>\n<p>Sergey Nazarov, Chainlink co-founder, said:\u00a0<\/p>\n<blockquote>\n<p>Polymarket\u2019s decision to integrate Chainlink\u2019s proven oracle infrastructure is a pivotal milestone that greatly enhances how prediction markets are created and settled. When market outcomes are resolved by high-quality data and tamper-proof computation from oracle networks, prediction markets evolve into reliable, real-time signals the world can trust.<\/p>\n<\/blockquote>\n<p>Chainlink joins Polymarket\u2019s growing list of strategic partnerships, coming after the prediction platform\u2019s collaboration with Elon Musk\u2019s X to launch an integrated product that offers data-driven insights and recommendations to users.<\/p>\n<p style=\"text-align: center;\"><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-medium\" src=\"https:\/\/www.tradingview.com\/x\/U7hqUX0K\/\" alt=\"Polymarket\" width=\"2250\" height=\"1484\"><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>According to the latest reports, crypto-based prediction platform Polymarket is preparing for a new funding round that could see its valuation rise to $10 billion. This move to raise additional capital comes as the company prepares to relaunch in the United States. On September 3, Polymarket CEO Shayne Coplan revealed on the social media platform [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-47405","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/47405","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=47405"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/47405\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47405"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}