The blockchain -based prediction market is closer to an increase of $ 200 million to an evaluation of $ 1 billion, according to information, citing people familiar with the plan.
The Founders of Peter Thiel is led around, added the report. The figure of $ 200 million includes $ 50 million lifted in previously unexpected funding.
According to similar, Polymarket marked a record in terms of website traffic in May with 15.9 million visits, more than Paris Rivaux Fanduel, Draftkings and Betfair markets.
The continuous increase in Polymarket comes after an American electoral year which saw around 8 billion dollars in Paris placed on the platform. It was also widely cited during the election as a data source to predict the result. According to a scientist in dune data, the Paris markets on polymarket predict the results with precision up to 94%.
Earlier this month, Polymarket signed an agreement with the company XAI of Elon Musk, becoming the official partner of the prediction market for XAI and X.
Last September, a separate report of information said that Polymarket was planning to launch your own token.
