Polymarket valuation and fundraising growth
The developments in this story so far, most recent first.
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Development
Polymarket in talks for fundraising at $20 billion valuation
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· date approximate Background
Polymarket reported annualized revenue well above $1 billion to CNBC.
In late June, the prediction market platform Polymarket informed CNBC that its annualized revenue had surpassed $1 billion.
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· date approximate Background
Kalshi announced the closure of a funding round valuing the company at $22 billion.
No separate article for this desk or language yet.
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· date approximate Background
Polymarket launched its regulated U.S. exchange.
In May, the prediction market platform Polymarket launched its regulated U.S. exchange.
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· date approximate Background
Polymarket closed a funding round valuing the company at $15 billion.
In April, the prediction market platform Polymarket closed a funding round that brought the company's valuation to $15 billion.
This funding round included a $600 million direct cash investment from Intercontinental Exchange, the owner of the New York Stock Exchange.