Polymarket Considers Fundraising at a Valuation Up to 2 Trillion Yen, a Tenfold Increase in Just Four Months

According to a report by Bloomberg on the 23rd, the prediction market platform Polymarket is in early discussions with investors, aiming to raise funds at a valuation between $12 billion and $15 billion (approximately 2 trillion yen). This represents a more than tenfold increase from its $1 billion valuation in June.

In June, the $200 million funding round led by Peter Thiel's Founders Fund had valued the company at $1 billion.

Earlier this month, the Intercontinental Exchange, which operates the New York Stock Exchange, was involved in a deal valuing the company at approximately $8 billion, excluding the funds raised, aiming for a maximum of $2 billion...