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Polymarket Valuation Expected to Reach $1 Billion, Potential Benefits for USDC - Coinbase

2025/06/30 09:09
CoinPost
Written by A.Yamada
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Polymarket Valuation Expected to Reach $1 Billion, Potential Benefits for USDC - Coinbase

Fundraising of Approximately 29 Billion Yen

On the 27th, U.S. cryptocurrency exchange Coinbase released its latest weekly report. It highlighted that the decentralized prediction market Polymarket is on the verge of becoming a unicorn company following its recent fundraising efforts. The report also discussed how the rise of Polymarket could benefit USDC. Polymarket is a platform where users can bet on the outcomes of events using the stablecoin USDC. Recently, it gained more users betting on the outcome of the U.S. presidential election, where Donald Trump was a candidate for re-election. Polymarket has raised $200 million (approximately 29 billion yen...

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MAGAZINE
Iolite Vol.14

Iolite Vol.14

July 2025 issueReleased on 2025/05/30

Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.14

July 2025 issueReleased on 2025/05/30
Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.