Polymarket, a cryptocurrency-based prediction market platform, has raised $45 million in its recent Series B funding round. The round was supported by Peter Thiel’s Founders Fund, Ethereum creator Vitalik Buterin, and other key investors like 1confirmation, ParaFi, and Dragonfly Capital. This finance brings Polymarket’s total to almost $75 million, which is the result of the $25 million raised in Series A and the $4 million raised in the seed round in 2020. Polymarket has received a lot of investment from high-profile investors, although it is now facing increased attention from the Commodity Futures Trading Commission (CFTC), the U. S. regulator. Shayne Coplan, the founder and CEO of Polymarket, said that the investment round was led by Founders Fund.
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