Polymarket CEO Shayne Coplan has revealed two significant financing transactions totaling $205 million. The first transaction, led by Blockchain Capital, involved a $55 million investment at a $350 million valuation last year, with participation from Founders Fund, 1789, 1 confirmation, Abstract, Coinbase, Dragonfly, ParaFi, and SV Angel. The second transaction, earlier this year, saw Founders Fund lead a $150 million investment at a $150 million valuation, with contributions from Ribbit, Valor, Point 72 Ventures, Blockchain Capital, and others. This disclosure follows Polymarket's recent $2 billion investment from ICE, valuing the company at $9 billion.
Polymarket CEO Discloses $205 Million in Previously Undisclosed Funding
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