Silicon Valley boss Peter Thiel's Founders Fund to lead $200 million funding round for Polymarket
2025-06-24 14:14:07
According to market news: Silicon Valley boss Peter Thiel's Founders Fund will lead the $200 million financing of Polymarket. It is reported that 50 million of the deal is a previously unannounced financing. According to SimilarWeb data, Polymarket website traffic hit a new high in May, with 15.90 million visits, surpassing competitors FanDuel, DraftKings and Betfair. Polymarket has also recently partnered with Musk's xAI and is exploring the issuance of tokens.
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