Polymarket is in talks to raise $1 billion in a new funding round at a valuation of more than $20 billion, according to Techub News, citing Crypto Briefing. The round is said to be led by 1789 Capital. The report points to a sharp rise in Polymarket’s valuation, which it says reflects growing investor confidence in blockchain-based prediction markets. No additional terms of the financing were disclosed in the source brief. The update was published as a short market analysis item by Techub News.
Polymarket is in talks to raise $1 billion at a valuation above $20 billion, according to Techub News, which cited Crypto Briefing.
The blockchain-based prediction market’s funding round is said to be led by 1789 Capital. The report said the company’s rapid valuation increase highlights rising investor confidence in blockchain-based prediction markets.
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