Polymarket News: Valuation Soars Through Summer
Polymarket's valuation could reach $10 billion as it relaunches in the US following Commodity Futures Trading Commission approval and plans to triple its valuation with new funding.
17 Articles
17 Articles
Polymarket has seen its valuation skyrocket in a new funding round after its CEO said the betting platform has been cleared to launch in the US.
Polymarket CEO Shayne Coplan said the company has been cleared for a US launch.Eugene Gologursky/Getty Images for The New York TimesPolymarket is a betting platform for real-world events that accurately predicted Trump's 2024 win.The company is raising another funding round that is set to at least triple its valuation, according to sources.A spokesperson for Polymarket declined to comment.Polymarket, a popular betting platform for real-world eve…
Polymarket Set For $10 Billion Valuation As US Relaunch Nears - Report
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 X that the prediction site has received the green light from the Commodity Futures Trading Commissio…
Polymarket and Kalshi Aim Billions After Regulatory Approval
Polymarket seeks a $9B value after new CFTC approval allows U.S. expansion. Kalshi nears a $5 billion valuation as August trading volumes reach $875 million. Both firms show rising growth as investors see prediction markets gaining trust. Prediction-market platforms Polymarket and Kalshi are preparing for multibillion-dollar valuations as regulatory decisions, trading growth, and institutional capital reshape the sector. According to sources, Po…
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