Polymarket Is Seeking Funding at a Valuation of Up to $15 Billion

Bloomberg TechnologyThursday, October 23, 2025 at 12:09:57 AM
PositiveTechnology
Polymarket Is Seeking Funding at a Valuation of Up to $15 Billion
Polymarket, a leading prediction market, is in talks with investors to secure funding at a staggering valuation of up to $15 billion. This marks a significant increase, more than tenfold, from its value just four months ago. This surge in valuation highlights the growing interest and potential in the prediction market space, making it a noteworthy development for both investors and the industry.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Roaring AI-Linked Debuts Drive Demand for Pre-IPO Shares
PositiveTechnology
The recent surge in successful initial public offerings (IPOs) is creating a buzz among investors eager to get in on the ground floor of artificial intelligence-related companies. This trend highlights the growing demand for exposure to innovative tech firms before they enter public markets, making it a pivotal moment for both investors and the companies themselves.
Chinese Humanoid Robot Maker Raises $200 Million Ahead of IPO
PositiveTechnology
Leju Robotics has successfully raised over $200 million in funding as it prepares for an initial public offering (IPO), highlighting the growing investor confidence in China's humanoid robot industry. This significant investment not only showcases the company's potential but also indicates a competitive landscape as it seeks to rival US counterparts in the robotics sector.
Tesla Stops Growing So Investors Pivot to Dreams of an AI Future
NegativeTechnology
Tesla Inc. is facing scrutiny as its stock price rises despite a concerning lack of earnings growth. This situation has investors rethinking their strategies, especially as they look towards the potential of artificial intelligence. The disconnect between stock performance and actual financial health raises questions about the sustainability of Tesla's market position and what it means for the future of tech investments.
Netflix Shares Fall Most Since 2022 as Tax Hit Spooks Investors
NegativeTechnology
Netflix shares have taken a significant hit, falling the most since April 2022, following a tax dispute with Brazil that impacted their third-quarter earnings. This news has raised concerns among investors who have come to expect positive surprises from the streaming giant. The decline in stock value highlights the potential risks associated with international operations and the importance of maintaining investor confidence in a competitive market.
Prediction Markets Boom as Volumes Surpass 2024 Election
PositiveTechnology
The prediction markets are experiencing a significant surge, with trading volumes on platforms like Polymarket and Kalshi reaching record highs, even surpassing the levels seen during the last US presidential election. This boom indicates a growing interest in forecasting events and could reshape how people engage with political and economic predictions.
G.M. Raises Profit Forecast on Strong Demand and Lower Tariff Costs
PositiveTechnology
General Motors has raised its profit forecast due to strong demand and lower tariff costs, leading to a surge in its shares. This positive outlook is significant as it reflects the company's resilience and ability to adapt to market conditions, which is encouraging for investors and the automotive industry as a whole.
Helsing Co-CEO Reil Warns of Defense Tech Bubble in Europe
NegativeTechnology
Helsing's co-CEO, Reil, has raised alarms about a potential bubble in Europe's defense technology sector, warning that many investors could face significant financial losses. This is crucial as it highlights the volatility in a market that has seen rapid growth, urging stakeholders to reassess their investments and strategies in a landscape that may not be as stable as it seems.
Latest from Technology
All UK TV viewers getting a new free channel – and the return of a much-loved comedy favourite
PositiveTechnology
Great news for UK TV viewers! Warner Bros. Discovery is launching a new free channel, making one of its popular paid TV exclusives accessible to everyone. This move not only broadens entertainment options for the audience but also marks the return of a beloved comedy favorite, bringing joy and laughter back into homes. It's a fantastic opportunity for viewers to enjoy quality content without any cost, highlighting the importance of accessible entertainment in today's media landscape.
VST3 audio plugin format is now MIT
PositiveTechnology
The VST3 audio plugin format has officially transitioned to the MIT license, a move that is expected to enhance accessibility and innovation in audio software development. This change allows developers to freely use and modify the format, fostering a more collaborative environment in the audio community. It matters because it opens up new possibilities for creators and encourages the growth of diverse audio tools.
After Apple TV's latest price hike, I'm even more convinced that an Apple One subscription is the superior choice
PositiveTechnology
With Apple TV's recent price increase, many users are realizing that the Apple One subscription offers a more cost-effective solution for accessing multiple services. This shift highlights the value of bundling services, making it a smart choice for Apple users looking to save money while enjoying a range of features.
Nokia Profit Surges Past Estimates As AI, Cloud Demand Grows
PositiveTechnology
Nokia Oyj has reported a significant surge in its adjusted profit for the latest quarter, exceeding analyst expectations. This impressive growth is largely attributed to the rising demand for artificial intelligence and cloud services, highlighting the company's strong position in these rapidly evolving markets. As businesses increasingly turn to AI and cloud solutions, Nokia's performance reflects a broader trend in the tech industry, making it a key player to watch.
STMicro Revenue Forecast Misses as Chip Recovery Stalls
NegativeTechnology
STMicroelectronics has announced a fourth-quarter revenue forecast that falls short of analysts' expectations, indicating that the anticipated recovery in the chip industry may be losing momentum. This news is significant as it reflects broader challenges within the semiconductor market, which many had hoped would rebound after recent downturns.
Tokyo craft meets Zurich upcycling as Hender Scheme reimagines two FREITAG icons
PositiveTechnology
In an exciting collaboration, Hender Scheme has teamed up with FREITAG to create a limited-edition collection that beautifully merges Swiss tarp design with Japanese leather craftsmanship. This partnership not only showcases the unique artistry of both brands but also highlights the growing trend of sustainable fashion through upcycling. It's a significant step in promoting innovative design while respecting the environment, making it a noteworthy development in the fashion industry.