Polymarket in Talks to Raise $400M at $15B Valuation
Polymarket is in discussions to raise $400 million in a new funding round, valuing the prediction market platform at $15 billion. This follows a $600 million investment from Intercontinental Exchange (ICE) last month, bringing ICE's total investment to $1.6 billion. The development highlights growing institutional interest in prediction markets, despite ongoing regulatory challenges.
Topics: crypto funding institutional investment prediction markets valuation