Polymarket’s Success in the Cryptocurrency Prediction Market
Polymarket, the cryptocurrency-based prediction market platform, has seen significant growth this year, particularly in anticipation of the U.S. presidential election. Recently, the platform secured $45 million in a series B funding round, attracting a notable group of investors.
Lead Investor: Peter Thiel’s Founders Fund
Among the investors backing Polymarket is billionaire Peter Thiel’s Founders Fund, highlighting the confidence and support from prominent figures in the industry.
Series B Funding Round Details
- Amount Raised: $45 million
- Investors: Various big-name investors
- Lead Investor: Peter Thiel’s Founders Fund
