The betting platform Polymarket is in talks with investors regarding a new funding round, aiming to significantly increase its market valuation. According to information from sources familiar with the details of the negotiations, the company’s value could rise to $12–15 billion, which is more than ten times its valuation four months ago.
This is reported by Business • Media
Capitalization Growth and Investor Activity
In July 2025, Polymarket received an investment of $200 million from Founders Fund, which valued the company at approximately $1 billion. By early October, Intercontinental Exchange (ICE) announced its intention to invest up to $2 billion in the startup, based on a valuation of $8–10 billion. This growth indicates increased interest from major players in the betting and forecasting market.
Additionally, Polymarket’s main competitor, Kalshi, is also attracting investor attention and considering new offers. The current valuation of Kalshi, according to sources, exceeds $10 billion, which is double compared to the previous investment round a few weeks ago.
Strategic Prospects and Future Projects
“According to their data, the startup’s valuation could reach between $12 billion and $15 billion. This is more than 10 times higher than during the previous round four months ago,” the statement reads.
It is worth noting that Polymarket co-founder Shane Coplan previously hinted at the potential launch of its own POLY token, which could serve as an additional incentive for the platform’s further development. Furthermore, Kalshi and Polymarket have become official partners of the National Hockey League (NHL) this year, which will enhance their visibility and attract new users.