Polymarket, a blockchain-based prediction market platform, is seeking $50 million in new funding and planning a token launch. The token would enable users to verify real-world event outcomes, with investors in the funding round possibly receiving tokens. Polymarket has grown significantly, particularly in U.S. election-related betting, with a trading volume nearing $1 billion. However, it faces regulatory challenges, especially from U.S. authorities. Despite restrictions, the platform’s trading volumes have surged in 2024.
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BCH
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USD1
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$0.999743
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GRAM
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USDC
$0.999725
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XRP
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SOL
$73.61
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