Polymarket in Talks to Increase $400 Million at $15 Billion Valuation: Report – Bitcoin Information

[ad_1] Key Takeaways:

Polymarket is reportedly in superior talks to boost $400 million at a $15 billion valuation, per The Data. ICE has already invested over $1.6 billion in Polymarket since October 2025, constructing on an $8 billion pre-money deal. Polymarket hit a file $10.57 billion in month-to-month buying and selling quantity in March 2026, with enlargement capital subsequent. Polymarket Seeks $400M Funding Spherical, In line with The Data Sources The Data report cited folks conversant in the matter and famous that the spherical has not been finalized, that means phrases might nonetheless change. Polymarket can also be searching for extra strategic traders past its current backers, and if the spherical expands, complete new capital might attain $1 billion.

The talks construct on a serious funding from Intercontinental Trade, the dad or mum firm of the New York Inventory Trade (NYSE). In October 2025, ICE introduced plans to take a position as much as $2 billion in Polymarket at an roughly $8 billion pre-money valuation. The association included an fairness stake and a plan for ICE to distribute Polymarket’s event-driven knowledge as market sentiment indicators.

ICE accomplished a $600 million direct money funding in Polymarket on March 27, 2026, following an earlier $1 billion direct funding in October 2025. ICE additionally deliberate to buy as much as $40 million in securities from current holders, bringing its complete dedication to greater than $1.6 billion.

The brand new $400 million elevate, in keeping with the report, is being sought at a valuation roughly 67% above the post-money determine implied by the October 2025 ICE deal, reflecting progress in buying and selling exercise and platform attain over the previous a number of months.

Polymarket operates because the world’s largest decentralized prediction market , letting customers commerce on the outcomes of elections, sports activities occasions, geopolitical developments, and crypto costs utilizing cryptocurrency . The platform runs onchain, giving contributors entry to real-time odds and clear settlement.

The prediction market platform recorded its first $10 billion-plus month-to-month buying and selling quantity in March 2026, reaching roughly $10.57 billion, with day by day peaks close to $478 million. In February 2026, month-to-month quantity exceeded $7 billion, with a single-day excessive of $425 million. Buying and selling exercise into April 2026 has remained elevated throughout hundreds of lively markets.

Polymarket, which operates by way of the registered entity Blockratize, Inc., has raised over $2.3 billion in cumulative capital throughout a number of rounds relationship again to a roughly $4 million seed in 2020. A $55 million spherical in 2024 valued the corporate at roughly $350 million. A $150 million spherical in early 2025, led by Founders Fund, valued it at $1.2 billion.

Competitor Kalshi not too long ago reached a valuation of roughly $22 billion in its personal funding spherical, reflecting broad investor curiosity within the prediction market sector. Kalshi operates as a regulated alternate in the US, whereas Polymarket holds a world consumer base and leads in onchain buying and selling quantity.

Prediction markets expanded sharply in 2025 and into 2026, pushed by mainstream consideration following the 2024 U.S. elections, rising institutional participation, and clearer regulatory indicators in sure jurisdictions. ICE’s involvement has given Polymarket added credibility with conventional finance companies and potential pathways by way of the regulatory course of.

If the present spherical closes at The Data’s reported phrases, it might signify one other vital step within the platform’s progress trajectory. The capital is predicted to fund product growth, enlargement efforts, and aggressive positioning in a sector the place projections level towards tons of of billions in annual quantity industry-wide.