---
title: "Peter Thiel's Founders Fund invests $70M in election betting platform"
url: https://diffcoin.com/peter-thiels-founders-fund-invests-70m-in-election-betting-platform/
description: "Amid increasing U.S. regulatory scrutiny, popular crypto-based betting platform Polymarket secures funding to expand its global operations despite…"
published: 2024-05-14
updated: 2024-05-14
author: "Mila"
site: "Diffcoin"
---

# Peter Thiel's Founders Fund invests $70M in election betting platform

Amid increasing U.S. regulatory scrutiny, popular crypto-based betting platform Polymarket secures funding to expand its global operations despite restrictions.

[Source link](https://cointelegraph.com/news/founders-fund-invests-70m-polymarket-election-betting)