Polymarket Chases $20 Billion Valuation in New $1 Billion Raise

Prediction markets have been kind of a niche corner of finance forever — but the interest from institutional names like D.E. Related: Polymarket Chases $20 Billion Valuation With $1 Billion RaiseCFTC Investigation and the Classification FightPolymarket is under investigation by the Commodity Futures Trading Commission over allegations tied to misleading social media promotions. If states can regulate prediction markets as gambling, Polymarket faces a patchwork of different rules across 50 jurisdictions. Their presence signals that serious institutional money sees prediction markets as a legitimate asset class, not a speculative side project. Polymarket is seeking a valuation above $20 billion, with the new round expected to raise approximately $1 billion.