The Guardian · US news · Original story
Polymarket in fundraising talks that could value the prediction platform at $15bn
Bets placed on Middle East conflict has led to US firm experiencing big increase in volume
Polymarket, the online prediction platform that hosts bets on events such as the Iran war, is in talks to raise $400m (£296m) at a valuation of up to $15bn.
The company has gained notoriety in recent months over wagers placed on the Middle East conflict, including on the timing of US-Israel strikes against Iran, and on a US-Iran ceasefire, some of which appeared to bear signs of insider trading.
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Dan Milmo and Aisha Down · Mon, Apr 20, 2026, 10:03 AM
US news | The Guardian
Bets placed on Middle East conflict has led to US firm experiencing big increase in volume
Polymarket, the online prediction platform that hosts bets on events such as the Iran war, is in talks to raise $400m (£296m) at a valuation of up to $15bn.
The company has gained notoriety in recent months over wagers placed on the Middle East conflict, including on the timing of US-Israel strikes against Iran, and on a US-Iran ceasefire, some of which appeared to bear signs of insider trading.
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