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Prediction market Polymarket is in early talks with investors to raise funds at a valuation of $12 billion to $15 billion, potentially marking a 10-fold surge from four months ago, Bloomberg reported on Thursday, citing people familiar with the matter. This follows a $200 million round in June, led by Peter Thiel’s Founders Fund, which valued the startup at $1 billion. Earlier this month, Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, announced plans to invest up to $2 billion in Polymarket at an $8 billion valuation.Polymarket’s main rival, Kalshi, is also reportedly in talks for…

The ICO conducted via Sonar will mark the chain’s third community-focused raise. Upcoming Ethereum Layer 2 network MegaETH unveiled the terms for its third community-led raise today, coinciding with the launch of MEGA pre-market perpetuals on Hyperliquid.The raise will begin at an initial valuation of $1 million, with participants bidding on the valuation via an English auction capped at $999 million. If the raise is oversubscribed, which it is expected to be, the team will prioritize allocations to the “existing MegaETH community alongside those who illustrate long-term alignment through social activity, onchain behavior and lockup preferences.”The initial coin offering (ICO)…