The prediction market operator, which is eyeing a potential public debut in 2027, could close a new funding round in Q3, according to a Financial Times report.

Tarek Mansour said to CNBC's "Squawk Box" it made sense for the company at the stage to think about a debut on public markets.

Finance isn’t exactly known for minting new business models overnight. The industry is heavily regulated, customers are slow to move money and licensing often keeps firms in…