Polymarket Targets $50M Amid 2024 U.S. Election Betting Surge, Token Launch Expected

Polymarket is raising $50M as election betting on its platform hits new highs. The company is also planning a token launch to enhance real-world event validation. Key points: $50M funding goal: Polymarket aims to secure new capital during the U.S. election betting frenzy. Potential token launch: A new token could simplify event outcome verification and... source: https://milkroad.com/news/polymarket-targets-50m-amid-2024-u-s-election-betting-surge/