Sources: Polymarket is set to raise $1B led by 1789 Capital at a $21B post-money valuation; Donald Trump Jr. is a partner at 1789 and an adviser to Polymarket
Venture capital firm 1789 Capital is leading a new funding round for Polymarket that will give the prediction-markets platform a $21 billion post-money valuation.
Sources: Polymarket will raise $1B led by 1789 Capital at a $21B post-money valuation; Donald Trump Jr. is a partner at 1789 and adviser to Polymarket
Venture capital firm 1789 Capital is leading a new funding round for Polymarket that will give the prediction-markets platform a $21 billion post-money valuation.
Sources: JPMorgan Chase terminated its banking relationship with Polymarket in 2025 over regulatory concerns, though it still maintains some ties to the company
Largest US bank has continued to cultivate ties with prediction platform as it seeks $20bn valuation
The NYC Council sent letters to Polymarket, Kalshi, Coinbase, and Gemini Titan as it investigates alleged deceptive marketing practices and targeting minors
The NYC Council sent letters to Polymarket, Kalshi, Coinbase, and Gemini Titan as it investigates alleged deceptive marketing practices and targeting minors
Probe targets the marketing practices of four prediction markets with operations in the city — The New York City Council …
Q&A with Kalshi CEO Tarek Mansour on his vision to “financialize everything”, sports betting, Kalshi's “philosophical misalignment” with Polymarket, and more
Tarek Mansour co-founded the fast-growing prediction market company shortly after graduating from M.I.T. …
Sources: Polymarket is in early talks with prospective investors to raise ~$1B at a $20B+ valuation, up from $15B in April 2026 and $9B in October 2025
Sources: Polymarket is in early talks with prospective investors to raise ~$1B at a $20B+ valuation, up from $15B in April 2026 and $9B in October 2025
Polymarket is seeking to raise capital at a valuation of more than $20 billion, months after it closed an earlier round with new investment from hedge fund D.E. Shaw & Co.
Robinhood says Q2 prediction markets revenue rose 10x+ YoY to $156M, topping stock and crypto for the first time, as speculators shift to real-world event bets
Brokerage app Robinhood has quickly become a force in prediction markets, challenging the hold of Kalshi and Polymarket on the popular betting market.
Doctors and researchers worry that FDA-related wagers on Kalshi and Polymarket could compromise drug development studies and erode public trust in the process
On the betting websites Kalshi and Polymarket, people can now wager on whether the Food and Drug Administration will decide this year …