Prediction market’s latest filing includes verbiage pointing to potential token sale Move could be linked to company’s latest capital raise Polymarket is close to relaunching in the US Polymarket’s latest filing with the Securities and Exchange Commission (SEC) sparked speculation in the cryptocurrency community that the prediction market operator could be preparing to launch a native digital token. The Polymarket logo. Rumors are swirling the company could offer its own digital token. (Image: PR Newswire) The filing appears to be related to the company’s June financing round in which it raised capital at a $1 billion valuation — an amount that’s soared in the span of less than 90 days. Recent reports suggest Shayne Coplan’s company is considering taking new investments at a $9 billion valuation, and that one prospective investor recently floated a term sheet valuing Polymarket at $10 billion. The regulatory filing in question contained the phrase “other warrants,” options and rights to acquire another security — all…Â Read More
Category: Cryptocurrency, Financial, Rumors, Technology, cryptocurrency, rumors, technologyÂ
Source: Casino.org
