Polymarket Nears $1 Billion Valuation with $200M Raise Led by Founders Fund

Blockchain-based prediction market platform Polymarket is reportedly close to finalizing a $200 million funding round, which would push the company’s valuation to approximately $1 billion, granting it coveted “unicorn” status, according to Reuters and Bloomberg. The investment round is said to be led by Peter Thiel’s Founders Fund, despite Polymarket’s legal entanglements and a current […]