Prediction market Polymarket is in talks for a $400 million funding round, with a $15 billion valuation.

According to The Information, citing sources familiar with the matter, prediction market platform Polymarket is in talks with investors to raise $400 million at a valuation of approximately $1.5 billion (including new capital). This round would be added to the $600 million funding round previously announced last month by Intercontinental Exchange—the parent company of the New York Stock Exchange—which did not disclose a valuation at the time.