Polymarket raises $45 million from Peter Thiel’s Founders Fund, Vitalik Buterin and others | Headlines | News | CoinMarketCap

05/14/2024 22:09
Polymarket raises $45 million from Peter Thiel’s Founders Fund, Vitalik Buterin and others | Headlines | News | CoinMarketCap

Polymarket Labs has raised a $45 million Series B funding round led by Peter Thiel’s Founders Fund and existing investors 1confirmation and ParaFi, …

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Published on May 14, 2024 14:42 GMT+00:00edited on May 14, 2024 14:44 GMT+00:00

Polymarket Labs has raised a $45 million Series B funding round led by Peter Thiel’s Founders Fund and existing investors 1confirmation and ParaFi, with participation from Ethereum co-founder Vitalik Buterin, Dragonfly and Eventbrite’s co-founder Kevin Hartz.

“Polymarket has finally made the vision for prediction markets a reality — an opportunity that we have been passionate about for years,” Founders Fund Partner Joey Krug said in a statement. “Internally at Founders Fund we developed a habit of checking Polymarket at times of breaking news. The tangible benefits of using Polymarket as a complement to consuming news on social and mainstream media was obvious. It became clear to us that Polymarket was the winner in this market.” 

The firm behind the predictions market platform …

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