After securing a $2 billion investment from ICE at a $9 billion valuation, Polymarket CEO Shayne Coplan announced two previously undisclosed funding rounds in a post on the X platform. The first occurred last year, with Blockchain Capital leading a $55 million round at a valuation of $350 million, with participation from Founders Fund, 1789, 1 Confirmation, Abstract, Coinbase, Dragonfly, ParaFi, and SV Angel. The second occurred earlier this year, with Founders Fund leading a $150 million round at a valuation of $150 million, with participation from Ribbit, Valor, Point 72 Ventures, Blockchain Capital, and others.