Polymarket seeks funding at a valuation of up to $15 billion: Report

Polymarket is in early discussions with investors and looking to raise funds at a valuation between $12 billion and $15 billion, Bloomberg News reported on Wednesday, citing people familiar with the matter.

Polymarket did not immediately respond to a Reuters request for comment.

In June, the world’s biggest prediction market was close to raise $200 million in a funding round that would value it at more than $1 billion, Reuters reported.

Polymarket allows users to place bets using cryptocurrency on real-world events.

Earlier this month,…