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>>PolyMarket discloses it has received $205 million in previously unannounced funding over the last two years.

PolyMarket discloses it has received $205 million in previously unannounced funding over the last two years.

crypthub

1 day ago

Funding and Valuation Growth

Polymarket has secured $205 million across two previously undisclosed funding rounds between 2024 and 5, reaching a valuation of $1.2 billion in 2025. Notable investors include Blockchain Capital, Founders Fund, Ribbit, Valor, and Coinbase. These rounds reflect a surge of institutional and retail interest in the growing prediction markets sector.

Strategic Partnership with Intercontinental Exchange (ICE)

Intercontinental Exchange (ICE), parent of the NYSE, plans to invest up to $2 billion in Polymarket, establishing a $9 billion post-money valuation. This partnership will involve global data distribution and collaboration on tokenization initiatives. ICE’s chairman lauded Polymarket's focus on user engagement and distribution.

Return to the US Market

Polymarket is preparing to relaunch in the United States after restrictions from the Commodity Futures Trading Commission (CFTC). This follows the acquisition of QCX LLC and securing a Designated Contract Market license. The platform aims for mainstream adoption and successfully operated internationally despite previous regulatory issues.