Polymarket Weighs $9B Valuation Amid User Surge and CFTC Approval: Report | CoinDesk Daily

Polymarket is considering an offer that values the platform at $9 billion. Polymarket is considering a deal that would value the company at $9 billion, according to a report from The Information. The number is a dramatic climb from its $1 billion valuation just three months ago, when it raised funds in a round led by Peter Thiel’s Founders Fund. What drove the surge in prediction market's valuation? CoinDesk’s Jennifer Sanasie hosts “CoinDesk Daily.” - Break the cycle of exploitation. Break down the barriers to truth. Break into the next generation of privacy. Break Free. Free to scroll without being monetized. Free from censorship. Freedom without fear. We deserve more when it comes to privacy. Experience the next generation of blockchain that is private and inclusive by design. Break free with Midnight, visit midnight.network/break-free - This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.