Polymarket Targets $15 Billion Valuation in New Fundraising Efforts
Terrill Dicki Oct 23, 2025 15:04
Polymarket is in early talks with investors to secure funding at a valuation between $12 billion and $15 billion, marking a significant increase since June.
Polymarket, a prominent player in the prediction markets sector, is reportedly in early discussions with investors to raise new capital aiming for a valuation between $12 billion and $15 billion. This development underscores the growing investor interest in the prediction markets, according to a report by CoinMarketCap.
Significant Valuation Increase
The anticipated valuation represents a more than tenfold increase since June, when Polymarket was valued at $1 billion following a $200 million funding round led by Peter Thiel’s Founders Fund. The potential new valuation would significantly elevate Polymarket's standing in the market, reflecting its rapid growth and increasing user engagement.
Record User Activity
Polymarket's recent performance has been impressive, with weekly trading volumes surpassing $2 billion. This milestone indicates record user activity and heightened interest in the platform, further justifying the targeted valuation increase.
Previous Investments
Polymarket's growth trajectory was further bolstered by a $2 billion investment from Intercontinental Exchange (ICE), which valued the platform at nearly $8 billion pre-money. The ongoing fundraising efforts aim to capitalize on this momentum and secure additional funding to support further expansion.
As Polymarket continues to engage with potential investors, the outcome of these discussions could set a new benchmark for the prediction markets sector, signaling increased confidence and interest from the investment community.
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