CoinVoice has recently learned that the blockchain-based prediction market Polymarket is in talks to raise more than $50 million in new funds, according to The Information, citing people familiar with the matter.
People familiar with the matter also said Polymarket discussed the possibility of launching a token that could be used to operate its prediction market. If Polymarket does move forward with the token launch, it would be one of the most high-profile token launches since the crypto market recovered from the 2022 crash.
Investors in this round of financing will receive token warrants, which will give them the right to purchase tokens if they are issued in the future. However, Polymarket has not yet made a final decision, and there is still no clear timetable for the token issuance. [Original link]
