News Explorer -- Polymarket in Talks to Raise $400M at $15B Valuation: Report

Polymarket in Talks to Raise $400M at $15B Valuation: Report

Prediction market Polymarket is reportedly in talks to raise $400 million at a valuation of around $15 billion, according to The Information. The firm previously reached a $9 billion valuation in October 2025 as Intercontinental Exchange completed a $2 billion investment. Rival prediction market Kalshi saw its valuation double to $22 billion following a $1 billion raise last month.