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Crypto prediction market Polymarket has raised $70 million in two funding rounds

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2024-05-14 13:22:39
Peter Thiel's venture capital firm, Founders Fund, is investing in cryptocurrency prediction market Polymarket. A spokesperson for Polymarket said the company has raised $70 million in two funding rounds, the most recent of which was led by Founders Fund. The company's backers also include Ethereum co-founder Vitalik Buterin, who has been attracting users to predict the outcome of various events. Betting on the 2024 US Presidential Election has become the most popular contract on its platform.
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