Investors in the proposed round would get warrants to buy tokens in the event the prediction market decides to issue one, The Information reported.
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Investors in the proposed round would get warrants to buy tokens in the event the prediction market decides to issue one, The Information reported.
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![Pinterest](https://pinterest.com/pin/create/button/?url=https://web2.support/2024/09/23/polymarket-reportedly-seeks-50m-in-funding-mulls-token-as-election-bets-surge/&media=https://i1.wp.com/www.coindesk.com/resizer/imobu1j-p9YzM0xVxOS1vgIEhdQ=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/MM32CON6OVHIFI27LPH3N3JYIM.jpg?w=1200&resize=1200,0&ssl=1&description=The prediction market would use the potential token "as a way for users to validate the outcome of real-world events," the Information reported. It's unclear what that would mean for UMA, the oracle Polymarket uses.){kind=link}