Polymarket to Announce Major News Next Monday

Odaily News: Mustafa, an official team member of Polymarket, posted on X platform that major news will be announced next Monday. As the tweet content includes a coin symbol, the community speculates that it might be significant news related to financing or token launch.

Previously, according to The Wall Street Journal, prediction market platforms Kalshi and Polymarket are reportedly in talks with potential investors for a new round of financing, with target valuations of approximately $20 billion each. Recently, Kalshi has completed a new round of financing exceeding $1 billion, with a valuation reaching $22 billion, doubling the $11 billion valuation from its previous round in December last year. Informed sources revealed that this round of financing was led by Coatue Management, and Kalshi's current annualized revenue is $1.5 billion.