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Polymarket Seeks Investment at Valuation of $12B-$15B: Bloomberg

Polymarket is seeking new investment at a valuation of $12 billion to $15 billion, according to Bloomberg, a dramatic increase from the $1 billion valuation when it raised $200 million in June. The proposed valuation represents more than a tenfold jump in a few months, underscoring rapid investor enthusiasm for the prediction-market platform. If realized, the surge would boost Polymarket’s market profile and raise expectations for growth and monetization, while also heightening scrutiny over whether its fundamentals support such a steep re‑rating.