
Polymarket seeking funding round that could surge its valuation to $10B
Sources familiar with the matter said the valuation discussions represent at least a 3x increase from Polymarket's $1 billion valuation.

Stay current on Polymarket news, including prediction market growth, election activity, legal scrutiny, and crypto-native trading trends.
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Sources familiar with the matter said the valuation discussions represent at least a 3x increase from Polymarket's $1 billion valuation.

The approval enables Polymarket to operate event contracts while maintaining compliance with federal derivatives regulations.

Potential rate cuts in September and crypto ETF approvals in October add to the bull case.

Polymarket did not disclose the financial terms of the investment from 1789 Capital.

The prediction market plans its return to the US following a January 2022 settlement that required the platform to block American users.

Shayne Coplan said the platform “cooperated and engaged” with authorities and “has been cleared of any wrongdoing,” adding that “justice prevailed.”

Solana's integration reduces costs and attracts traders to Polymarket's rising real-time political prediction markets.

A source alleged that the seizure aws political move, although neither the reason or the enforcement move were confirmed.

Ethereum co-founder Vitalik Buterin says 'info finance,' which uses prediction markets, can help solve problems in decentralized governance.




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