Polymarket CEO reveals two previously undisclosed financing transactions totaling over $200 million
2025-10-08 08:13
After securing a $2 billion investment from ICE at a $9 billion valuation, Polymarket CEO Shayne Coplan published a post on the X platform announcing two previously undisclosed financing transactions:
The first occurred last year, with Blockchain Capital leading a $55 million investment, with a valuation of $350 million at the time. Investors included Founders Fund, 1789, 1 Confirmation, Abstract, Coinbase, Dragonfly, ParaFi, and SV Angel.
The second round occurred at the beginning of this year, with Founders Fund leading the investment of US$150 million. The valuation at the time was US$150 million. Participating investors included: Ribbit, Valor, Point 72 Ventures, Blockchain Capital, etc.
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