Decentralized prediction market Polymarket has completed a total of $70 million in two rounds of financing, with the latest round led by Founders Fund

ChainCatcher news, according to Bloomberg, the decentralized prediction market Polymarket has completed a $45 million Series B funding round, led by Founders Fund.

Additionally, General Catalyst previously helped the company raise $25 million in its Series A funding round, bringing Polymarket's total funding to $70 million across two rounds, with supporters including Ethereum co-founder Vitalik Buterin.

According to Web3 asset data platform RootData, Polymarket is a decentralized information market platform that allows users to trade on the most controversial topics in the world (such as coronavirus, politics, current events, etc.). On Polymarket, users build portfolios based on their predictions and can earn returns if they are correct. When users decide to buy shares in the market, they are weighing their knowledge, research, and views on the future. Market prices reflect the likelihood that traders believe future events will occur, transforming trading activity into actionable insights that help people make better decisions. Therefore, Polymarket is a primary source of unbiased real-time data on future events.