POPA Recon[CNBC] Polymarket is negotiating a financing round with a corporate value of more than $20 billion
[CNBC] Polymarket is negotiating a financing round with a corporate value of more than $20 billion • According to sources, Polymarket is in the process of a financing round that would value the company at more than $20 billion. • The company completed financing in April at an enterprise value of $15 billion, including a $600 million direct cash investment from Intercontinental Exchange announced in March. • Polymarket's U.S. exchange records a daily nominal trading volume of more than $100 million, which is an increase from about $75 million at the end of May. On the other hand, international…
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