Polymarket is a decentralized information markets platform where users can trade on highly-debated topics such as coronavirus, politics, and current events. Users can build portfolios based on their forecasts and earn returns if they're correct. Market prices reflect traders' views on future event odds, providing actionable insights for decision-making.

May 14, 2024, Polymarket, the cryptocurrency-based prediction market platform that's enjoying a breakout year in the run-up to the U.S. presidential election, raised $45 million in a series B funding round with a roster of big-name investors.Billionaire Peter Thiel's Founders Fund is the lead investor. Other participants include Ethereum creator Vitalik Buterin, 1confirmation, ParaFi and Dragonfly Capital.The round follows a previously undisclosed $25 million series A led by General Catalyst.

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