Polymarket Eyes Massive Fundraise At $15b Valuation

$POLY prediction market platform @Polymarket is in talks to raise $400 million at a $15 billion valuation, according to The Information.

The fresh capital would sit alongside $600 million already committed by Intercontinental Exchange, the parent company of the New York Stock Exchange, potentially pushing total funding to $1 billion.

The fundraise signals an aggressive push into event-based trading, a market that gained significant mainstream attention during the 2024 US presidential election cycle, when @Polymarket drew record volumes and widespread media coverage.