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Polymarket Seeks Fresh Funding Amid CFTC Scrutiny and Increased Competition
Polymarket is reportedly seeking an additional $50 million in funding. Activity on the decentralized prediction market has surged in the run-up to November’s elections. However,
Polymarket seeks to raise an additional $50 million amid election fever—report
The U.S. presidential election is 41 days away and the buzzy crypto-based political betting site Polymarket is reportedly close to lining up a bet on its own future in the form of an additional $50 million investment in the company.
Polymarket Bets Big On Itself, Seeks $50M Funding and a Possible Token
With an upcoming $50M funding round and a possible token launch, will Polymarket bet big on itself? Let’s see what that means for crypto.
Polymarket Eyes $50M Funding amid US Election Buzz
Polymarket is reportedly aiming to raise $50 million in fresh funding amid the ongoing buzz around U.S. election betting.
Polymarket Reportedly Seeks $50M in Funding, Mulls Token as Election Bets Surge
The prediction market would use the potential token "as a way for users to validate the outcome of real-world events," the Information reported. It's unclear what that would mean for UMA, the oracle Polymarket uses.
1d
on MSN
CFTC eyeing Polymarket, betting platforms amid US elections: Law Decoded
The United States Commodity Futures Trading Commission (CFTC) announced during a July 17 discussion at Georgetown Psaros ...
7d
on MSN
CFTC Is Scrutinizing Offshore Betting Platforms With US Traders
A top financial regulator is closely monitoring offshore, unregulated companies that allow Americans to trade on US election ...
https//beincrypto.com
8d
Polymarket Activity Drops 40% as CFTC Seeks to Halt Kalshi Prediction Platform
Polymarket's trader activity plummets amid CFTC crackdowns on election-related prediction markets. Kalshi's legal battle ...
6d
on MSN
CFTC eyeing Polymarket, betting platforms amid elections, says chair
The United States Commodity Futures Trading Commission says it’s paying close attention to Polymarket and other offshore ...
cryptonews
6d
CFTC Warns Polymarket and Other Offshore Crypto Betting Platforms of Enforcement Actions
The CFTC has warned Polymarket and other offshore crypto betting platforms about enforcement actions if they offer services U ...
CoinDesk on MSN
5d
U.S. Election Betting: CFTC, Kalshi Both Grilled by Judges in Appeals Court
The agency appealed a lower court's decision to let the firm offer prediction markets on which party will control each house ...
Slate
4d
Actually, Maybe Degenerate Gamblers Can’t Predict Elections
CFTC
, for one, was more a procedural decision ... It’s a stark contrast with how private markets like Kalshi and
Polymarket
function, as they seek to maximize the number of users and dollar ...
8d
on MSN
‘Explosion’ in election gambling will harm public interest: CFTC
Documented cases of market manipulation have already been realized in the very markets Kalshi points to,” the CFTC stressed, ...
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