According to @AggrNews, Business Insider reported that Polymarket is pursuing a new funding round that would triple its valuation to roughly $3 billion, citing unnamed sources (source: @AggrNews; Business Insider). The report’s reliance on unnamed sources indicates the target valuation and terms are not yet finalized (source: Business Insider via @AggrNews). Traders can use the $3B target as a sector valuation reference for crypto-native prediction markets while monitoring for official deal confirmation and timing (source: Business Insider via @AggrNews; a16z State of Crypto 2024).