Polymarket Seeks Funding at $15 Billion Valuation, The Information Reports

Source

Suehyeon Lee

Summary

Polymarket, a decentralized prediction-market platform, is in talks to raise a major funding round at a valuation of about $15 billion.
Polymarket's valuation would represent a significant gap compared with rival Kalshi's recent $22 billion valuation.
Industry participants say prediction-market platforms are growing rapidly around political and economic events, expanding investor demand, while Polymarket is broadening its market presence through its on-chain betting structure and global user base.

Forecast Trend Report by Period

Decentralized prediction-market platform Polymarket is seeking a major funding round, according to a media report.

The company is discussing a capital raise at a valuation of about $15 billion, The Information reported on April 19, citing multiple sources.

That would mark a significant gap from rival Kalshi, which was recently valued at $22 billion.

Prediction-market platforms have been expanding rapidly around political and economic events, boosting investor appetite, according to industry assessments. Polymarket, with its on-chain betting structure and global user base, is also widening its presence in the market.