Polymarket seeks funding at $20 Billion valuation

Polymarket seeks fundraising round at more than $20 billion valuation https://share.google/mJiiYThlNQl1XRDYt

Prediction Markets

Polymarket in talks for fundraising round at more than $20 billion valuation

Polymarket originally launched in June 2020, founded by Shayne Coplan. 

Prediction market platform Polymarket is in talks for a potential new funding round at a valuation above $20 billion, a person familiar with the matter confirmed to CNBC.

The talks come after the company told CNBC in late June that its annualized revenue was well above $1 billion.

Prediction markets have experienced huge growth in the private markets as platforms continue to gain popularity.