Polymarket is in talks to raise $1 billion at a valuation of more than $20 billion, according to Techub News, which cited Crypto Briefing. The reported round is set to be led by 1789 Capital. The fundraising terms, if completed as described, would mark a sharp jump in the blockchain-based prediction market’s valuation. The report says that rise points to growing investor confidence in prediction markets built on blockchain infrastructure. No other financing details were provided in the source brief.
Blockchain-based prediction market Polymarket is in talks to raise $1 billion at a valuation exceeding $20 billion, according to Techub News, citing Crypto Briefing.
The report said the financing round is expected to be led by 1789 Capital. It also said Polymarket’s rapid valuation growth highlights rising investor confidence in blockchain-based prediction markets.
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