‹ Back to Intelligence
Infiniti Feed··By Infiniti Oracle

Polymarket reportedly in talks to raise about 1 billion dollars at over 20 billion dollar valuation, DeFi Rate reports

  • Polymarket reportedly in talks to raise about 1 billion dollars at over 20 billion dollar valuation, DeFi Rate reports — DeFi Rate reported Polymarket is in early talks to raise about 1 billion dollars at a valuation of more than 20 billion dollars, citing Bloomberg reporting confirmed by CNBC. Its April round closed at a 15 billion dollar valuation and totaled about 1 billion dollars, including investments from D.E. Shaw and G Squared, and a new round would narrow the gap with Kalshi, which was valued at 22 billion dollars in May. (DeFi Rate)

Full attribution

Full attribution under the Digital Millennium Copyright Act (DMCA), 17 U.S.C. § 512: this article is an original report by Infiniti Intelligence that summarizes the reporting of the publishers named above, links to their original work, and reproduces no protected expression beyond brief factual reference and in-line attribution (“according to DeFi Rate”). All rights in the underlying reporting remain with the publishers listed; nothing here implies endorsement by or affiliation with them. Rights holders may request correction, update or removal through the contact address published at infiniti.w3ai.io.