
Polymarket tops $4B weekly volume as valuation hits $21B
- —Weekly volume rose from $200M to over $4B in a year
- —US market share reached 12%, up four percentage points
- —Company valued at $21B in a $1B funding round
- —New York sued Polymarket on September 24 over unlicensed betting
Why it matters: The surge in prediction markets intensifies US regulatory scrutiny, and the New York lawsuit's outcome will shape rules for the sector.
Source: DiarioBitcoin