Polymarket Reportedly Seeks $1 Billion Funding at $20 Billion Valuation

TLDR Polymarket is reportedly in early talks to raise $1 billion at a valuation above $20 billion. The company’s last confirmed round in April valued it near $15 billion, with backers including D.E. Shaw and G Squared. Rival Kalshi already holds a $22 billion valuation after its own $1 billion raise in May. Combined prediction [...]

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