Polymarket is considering an offer that values the platform at $9 billion.

Polymarket is considering a deal that would value the company at $9 billion, according to a report from The Information. The number is a dramatic climb from its $1 billion valuation just three months ago, when it raised funds in a round led by Peter Thiel’s Founders Fund. What drove the surge in prediction market's valuation? CoinDesk’s Jennifer Sanasie hosts “CoinDesk Daily.”

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This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.