The betting platform Polymarket is discussing a new round of funding with investors. Bloomberg reports this, citing sources familiar with the matter. According to them, the startup’s valuation may range from $12 billion to $15 billion. This is more than 10 times higher than during the previous round four months ago, the statement said. The […] Сообщение Bloomberg: Polymarket Seeks New Funding at Valuation Up to $15 Billion появились сначала на INCRYPTED.The betting platform Polymarket is discussing a new round of funding with investors. Bloomberg reports this, citing sources familiar with the matter. According to them, the startup’s valuation may range from $12 billion to $15 billion. This is more than 10 times higher than during the previous round four months ago, the statement said. The […] Сообщение Bloomberg: Polymarket Seeks New Funding at Valuation Up to $15 Billion появились сначала на INCRYPTED.
Bloomberg: Polymarket Seeks New Funding at Valuation Up to $15 Billion
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- Polymarket is negotiating a new round with investors.
- The expected valuation is between $12 billion and $15 billion.
- In July, Polymarket’s capitalization was about $1 billion.
The betting platform Polymarket is discussing a new round of funding with investors. Bloomberg reports this, citing sources familiar with the matter.
According to them, the startup’s valuation may range from $12 billion to $15 billion. This is more than 10 times higher than during the previous round four months ago, the statement said.
The journalists noted that in June, Founders Fund invested $200 million in Polymarket, which gave the company a valuation of about $1 billion. In early October, Intercontinental Exchange (ICE) announced its intention to invest up to $2 billion in the startup at a valuation of about $8-$10 billion
Bloomberg added that the company’s main competitor, Kalshi, is also considering offers from investors. According to the sources, Kalshi’s current valuation exceeds $10 billion, which is twice as high as the round held a few weeks ago.
Earlier, Polymarket co-founder Shane Coplan hinted at the upcoming issue of the POLY token. We also reported that Kalshi and Polymarket became official partners of the NHL.
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