23 Oct 2025 | 5 Mins Read
Polymarket seeks up to $15 billion valuation in funding talks
Flipitmoney
Polymarket is in talks to raise money at a valuation of $12-$15 billion, more than 10 times its previous value of $1 billion. The company has seen a surge in trading volume, surpassing $2 billion in a week. Polymarket and rival Kalshi have attracted Wall Street firms and sports leagues like the NHL, but face regulatory uncertainty, particularly around market manipulation and insider trading.