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
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.
A study of 11,989 Polymarket accounts finds 61% placed fewer than 100 trades over a six-week period, with 58% making or losing less than $100 during the period
Prediction markets are an increasingly popular way for people to trade on the outcomes of real-world events.
Dune: since January 2021, wallets funded via US-regulated exchanges accounted for ~50% of all traceable trading volume on Polymarket's US-banned global platform
In early February, Caden Booth, a 21-year-old TikToker, flew from Cincinnati to San Francisco and headed for the stadium where Super Bowl LX was taking place.
Kalshi and Polymarket bets on the FIFA World Cup final top $5.69B; Dune Analytics says total wagers on the platforms surpassed $50B for the first time in June
Lauren McCarthy /New York Times: