POPA ReconPolymarket Is Raising $1B at a $21B Valuation, Led by 1789 Capital
Polymarket Is Raising $1B at a $21B Valuation, Led by 1789 Capital Polymarket is raising $1 billion in a round led by 1789 Capital, a deal that would value the prediction-market platform at $21 billion, according to a Bloomberg report. 1789 Capital is expected to contribute hundreds of millions of dollars to the round. The $21 billion figure marks a sharp step up from April, when Polymarket closed financing at a $15 billion valuation with backing from D.E. Shaw and G Squared. The raise underscores how quickly prediction markets have moved into the mainstream, with Polymarket cementing its p…
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