PANews reported on September 13th that Cointelegraph reported that prediction market Polymarket is exploring a return to the US market while seeking new financing, according to people familiar with the matter. A new round of funding could more than triple its June valuation of $1 billion. One investor reportedly valued the company at as much as $10 billion. Polymarket raised $200 million in June, led by Peter Thiel's Founders Fund, an early backer of companies like OpenAI, Paxos, and Palantir.
Polymarket plans to return to the US and seek new financing, with a valuation expected to reach $10 billion
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