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Polymarket Eyes $15B Valuation in Fresh Funding Round Amid Surging Growth

Polymarket Eyes $15B Valuation in Fresh Funding Round Amid Surging Growth

Author:

Global Cryptocurrency

Published:

2025-10-23 08:59:02

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BTCCSquare news:

Polymarket, the blockchain-based prediction platform, is negotiating a new funding round that could catapult its valuation to $15 billion. The talks follow a period of explosive growth, with weekly trading volume surpassing $2 billion for the first time in October 2025.

Intercontinental Exchange (ICE), parent company of the NYSE, recently invested $2 billion at an $8 billion valuation, signaling institutional confidence. The platform has also secured data partnerships with DraftKings and the NHL, further cementing its position in prediction markets.

CEO Shayne Coplan's firm has seen its valuation multiply 15-fold since June, when Founders Fund led a $200 million round at a $1 billion valuation. The current $12-$15 billion target reflects Polymarket's dominant position in the emerging blockchain prediction sector.

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