Crypto prediction market Polymarket has raised $70 million in two rounds of funding
Peter Thiel's venture capital firm, Founders Fund, is investing in the cryptocurrency prediction market Polymarket. A spokesperson for Polymarket stated that the company has raised $70 million in two rounds of financing, with the latest round led by Founders Fund. The company's supporters also include Ethereum co-founder Vitalik Buterin, and it has been attracting users to predict the outcomes of various events, with bets on the 2024 US presidential election becoming the most popular contract on its platform.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Australian Court Overturns License Ruling Against Block Earner, Sides with Fintech in Landmark Crypto Case
In a significant legal win for Australia’s crypto and fintech industry, the Federal Court has overturned a previous ruling that required digital finance firm Block Earner to obtain a financial services license for its discontinued fixed-yield crypto product.
Symbiotic Raises $29 Million to Build Universal Staking Coordination Layer
Symbiotic, a decentralised finance (DeFi) protocol, has secured $29 million in a funding round led by Paradigm and cyber.Fund.
Bitcoin Surpasses Amazon, Approaches Google’s Market Cap
Michael Saylor Backs New SEC Chair for Bitcoin Growth
Trending news
MoreCrypto prices
More
