Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Polymarket on the Blockchain prediction market is close to an increase in $ 200 million at a valuation of $ 1 billion, Information Reported, citing people familiar with the plan.
Peter Thiel’s founding funds are heading, the report added. $ 200 million includes $ 50 million that has been obtained in previously unannounced financing.
According to -LikeThe polymarket recorded a record maximum in terms of the operation of the website in May with 15.9 million visits, more than the competing betting markets FANDUEL, DRAFTKINGS and BETFAIR.
Polymarket’s continuing rise comes after the American election year, which recorded bets worth around $ 8 billion on the platform. During the elections, he was also widely quoted as a data source for predicting the outcome. According to a scientist for Dune data, the bets on the polychanet predict Results with accuracy of up to 94%.
At the beginning of this month, Polymarket signed an agreement with Xai Elon Musk Society, become an official partner for prediction for XAI and X.
Last September there was a separate report of information claimed that the polymarket was looking Starting your own token.
