March 21st news: A member of the official Polymarket team, Mustafa, posted on X stating that major news will be announced next Monday. Due to the inclusion of a coin emoji in the tweet, the community speculates that the significant news may be related to funding or a token launch. Previously, it was reported that prediction market platforms Kalshi and Polymarket were in discussions with potential investors for a new round of financing, with both targeting valuations of approximately $20 billion. Kalshi has recently completed a new round of financing exceeding $1 billion, reaching a valuation of $22 billion, doubling its valuation from the previous round in December last year, which was $11 billion. Sources familiar with the matter revealed that this round of financing was led by Coatue Management, and Kalshi's current annualized revenue is $1.5 billion.
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Polymarket to Announce Major News Next Monday, Potentially Related to Token Launch or Funding
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