Polymarket Eyes $50M Funding Amid Election Betting Season

Polymarket is reportedly seeking $50 million in funding as its prediction market experiences a surge in election-related bets. The proposed funding may involve a new token aimed at validating real-world event outcomes, although it’s unclear if this will complement or replace the UMA Protocol it currently uses for dispute resolution. Polymarket has raised $70 million … source: https://coinpedia.org/crypto-live-news/polymarket-eyes-50m-funding-amid-election-betting-season/