Polymarket seeks funding at over $20b valuation
Intercontinental Exchange, owner of the NYSE, invested US$600 million in Polymarket.
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- Sources: Nscale told potential backers it generated $100M+ in Q2 revenue, up from $37M in Q1, and has $51B in contracts, ahead of a possible September US IPO (Bailey Lipschultz/Bloomberg) bloomberg.com
- Polymarket targets $20 billion valuation as competition heats up in prediction market sector coindesk.com
- Polymarket in talks for fundraising round at more than $20 billion valuation cnbc.com
