Pro Peter Thiel's Founders Fund will lead a $200 million financing for Polymarket.
According to Jinse Finance reports and market news: Silicon Valley pro Peter Thiel's Founders Fund will lead a $200 million financing round for Polymarket, with $50 million reportedly being previously undisclosed funding. SimilarWeb data shows that in May, Polymarket's website traffic hit a new high, reaching 15.9 million visits, surpassing competitors FanDuel, DraftKings, and Betfair. Recently, Polymarket also partnered with Elon Musk's xAI and is exploring the issuance of tokens.