Juggernaut in making? Polymarket's valuation may jump 10x to $15B with new funding
23.10.2025
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Prediction market Polymarket is in early talks with investors to raise funds at a valuation of $12 billion to $15 billion, potentially marking a 10-fold surge from four months ago, Bloomberg reported on Thursday, citing people familiar with the matter.
🚀 POLYMARKET IS COOKING UP A $15B VALUATION PLAY - Early funding talks could send this prediction market's worth soaring to $12-15B, a 10x pump from its $1B valuation just four months ago. Bloomberg dropped the intel today, citing sources who know what's up.
📈 CONTEXT MATTERS: This follows their $200M raise in June led by Peter Thiel's Founders Fund, and just earlier this month, NYSE parent ICE announced plans to drop up to $2B into Polymarket at an $8B valuation. The bag is getting BIG.
⚔️ RIVAL HEAT: Main competitor Kalshi is also in funding talks that could value it at over $10B - more than double its worth from weeks ago when it raised $300M at a $5B valuation. The prediction market wars are officially lit.
Polymarket partners with DraftKings, NHL
🤝 MAJOR LEAGUE MOVES: CEO Shayne Coplan just confirmed DraftKings will use Polymarket as a clearinghouse for its prediction market entry. Plus, the NHL signed multiyear deals naming both Polymarket AND Kalshi as official prediction market partners. Mainstream adoption? Check.
🌐 WORLD APP INTEGRATION: Sam Altman's digital identity project World (formerly Worldcoin) announced it's expanding into prediction markets by integrating Polymarket. The World App - combining digital wallet with World ID - now has Polymarket baked in. This is next-level ecosystem building.
Prediction markets see record weekly trading volume
💸 VOLUME GOES BRRR: Global prediction markets just hit their first-ever $2B+ weekly trading volume in mid-October, according to Dune Analytics data. This isn't just growth - it's explosive adoption.
📊 MARKET SHARE BATTLE: During that record week, Polymarket dominated with over $1B in volume (52.3% of total market), while Kalshi pulled in about $950M (47%). The duopoly is real, and both are absolutely crushing it.
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