The AlleyWatch Startup Daily Funding Report: 8/4/2025
Polymarket, the prediction market platform, has raised $135.4M in funding according to a recent SEC filing, indicating a total offering of $257.5M from twenty-three investors.
Polymarket allows users to bet on likelihood of various future events including elections, sports, and pop culture, becoming synonymous with understanding current event probabilities.
Banned since 2022, Polymarket says it is returning to the U.S.
Polymarket has acquired QCX, a Commodity Futures Trading Commission-licensed derivatives exchange, for $112 million, re-opening its platform to U.S. users in the near future.