PolicyQuartzabout 1 hour ago
Polymarket Raises $1 Billion at $21 Billion Valuation
1 min read
Prediction market platform Polymarket raised $1 billion in new funding, reaching a $21 billion valuation. The company faces scrutiny from the Commodity Futures Trading Commission and a Democratic Congress due to its operations and connections to Donald Trump Jr. Polymarket's U.S. exchange processed over $14.5 billion in notional volume in October.
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