Polymarket Looks to Raise $400M at $15B valuation: Report
Cointelegraph
Prediction market platform Polymarket is reportedly seeking to raise $400 million, targeting a valuation of $15 billion.Summary
Polymarket is reportedly negotiating a $400 million funding round that would value the prediction market platform at $15 billion. This move follows significant institutional interest in the sector, including investments from Intercontinental Exchange. While the platform continues to grow alongside increased trading volumes, it faces ongoing regulatory challenges regarding market integrity and potential manipulation, similar to competitors like Kalshi.
(Source：Cointelegraph)