Vitalik Buterin and Peter Thiel's Founders Fund lead $45M funding for Polymarket

Polymarket, a leading crypto-based prediction market platform, successfully secured $45 million in a series B funding round. Key investors include Peter Thiel’s Founders Fund and Ethereum's Vitalik Buterin. This capital boost, occurring in a crucial year with high activity due to the US presidential election, raises Polymarket’s total funding to nearly $75 million. The firm also added Richard Jaycobs as head of market expansion, gearing up for further growth while leveraging crypto markets for trading on future event outcomes.