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The decentralized Paris Polymarket Paris platform finalizes a 200 million dollar financing cycle which would put the value of the company at around $ 1 billion, which gives it the status of “unicorn”, reported Reuters.
According to June 24 report This has cited sources familiar with the issue, the founding fund of the billionaire Entrepreneur Peter Thiel will lead the financing tour.
Polymarket collects $ 100 million despite several prohibitions
Polymarket has already raised $ 100 million, including a capital injection of $ 50 million earlier this year, Bloomberg reported.
The financing tour comes after Polymarket announcement In early June, he joined Elon Musk’s X (formerly Twitter). Thanks to this partnership, companies will try to merge the Polymarket prediction markets with ideas focused on the Grok Chatbot of X.
.@Polymarket Do not simply turn into a place to bet on world events – it becomes a mirror in which what we can do …
But lately, this mirror looks faked – I feel @elonmusk should examine it because they have teamed up with X.
This is what I would emphasize earlier … pic.twitter.com/nszjjmkhvt
– mumin (@Mominsaqib) June 23, 2025
It is despite that the platform is prohibited in the United States, France, Thailand, Singapore, Taiwan, Belgium and Poland.
In November, the platform was also struck by a search warrant by the FBI, which made the authorities seize the personal electronics of the founder Shayne Coplan because of the concerns that the platform potentially gave access to American users.
Activity on polymarket on decline
In recent months, commercial activity on Polymarket has been a gradual decline. Dune Analytics data shows That the number of daily active traders on the platform was 51,930 at the end of March. This metric has since dropped to June 27,674 to June 24.
The number of new monthly accounts on Polymarket also dropped from 408,804 in February to 145,736 in May.
Even with the decrease in activity, more than 1.18 million traders opened more than 20 million positions on 21,175 polymarket markets, according to data and analyzes of the page.
Some of the most recent markets on the platform concern whether the Iranian regime will fall this year and the probability that the United States will undergo a recession.
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