Gate News Report, March 21 — Mustafa, a team member of the official Polymarket team, posted on X platform that major news will be announced next Monday (March 24). Due to the inclusion of coin symbols in the tweet, the community speculates it may be related to funding or a token launch. Previously, according to The Wall Street Journal, the prediction market platform Polymarket is reportedly in talks with potential investors for a new funding round, with a target valuation of approximately $20 billion. Recently, the platform completed a new funding round exceeding $1 billion, with a valuation of $22 billion, doubling from the $11 billion valuation in the last round in December of last year. Insiders revealed that this round was led by Coatue Management, and the platform currently has an annual revenue of $1.5 billion.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
