According to a report by Golden Finance, market news indicates that Silicon Valley pro Peter Thiel’s Founders Fund will lead a $200 million financing round for Polymarket, with $50 million of this transaction being previously undisclosed financing. SimilarWeb data shows that in May, Polymarket’s website traffic reached a new high, with 15.9 million visits, surpassing competitors FanDuel, DraftKings, and Betfair. Polymarket has also recently partnered with Musk’s xAI and is exploring the issuance of Tokens.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Pro Peter Thiel's Founders Fund will lead a $200 million financing for Polymarket.
According to a report by Golden Finance, market news indicates that Silicon Valley pro Peter Thiel’s Founders Fund will lead a $200 million financing round for Polymarket, with $50 million of this transaction being previously undisclosed financing. SimilarWeb data shows that in May, Polymarket’s website traffic reached a new high, with 15.9 million visits, surpassing competitors FanDuel, DraftKings, and Betfair. Polymarket has also recently partnered with Musk’s xAI and is exploring the issuance of Tokens.