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Polymarket is in early discussions with investors and looking to raise funds at a valuation between $12 billion and $15 billion, Bloomberg News reported on Wednesday, citing people familiar with the matter.
Polymarket did not immediately respond to a Reuters request for comment.
In June, the world’s biggest prediction market was close to raise $200 million in a funding round that would value it at more than $1 billion, Reuters reported.
Polymarket allows users to place bets using cryptocurrency on real-world events.
Earlier this month,…
