Sources: Polymarket is in early talks with prospective investors to raise ~$1B at a $20B+ valuation, up from $15B in April 2026 and $9B in October 2025 (Todd Gillespie/Bloomberg)
Polymarket is seeking to raise capital at a valuation of more than $20 billion, months after it closed an earlier round with new investment from hedge fund D.E. Shaw & Co.
We haven't written up this one. Techmeme has the full story — the link below goes straight to it.
Also reported by 4 other outlets
- 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
- Polymarket seeks funding at over $20b valuation techinasia.com
