BlockBeats News, September 13, according to businessinsider, prediction platform Polymarket is launching a new round of financing. According to two anonymous sources, this round of financing will significantly increase the valuation of this startup. As Polymarket appears to be preparing to enter the US market, investor demand continues to heat up. Although the valuation fluctuates, sources say that the valuation in this round will reach at least $3 billions. One of the sources revealed that at least one investor's letter of intent valued the company as high as $10 billions.
Peter Thiel's Founder's Fund previously led the company's last round of financing at a $1 billions valuation, bringing its total financing to $255 millions.