Kalshi, Approved by the Commodity Futures Trading Commission, Was Last Valued at $11 Billion, While Polymarket Was Valued at $9 Billion.
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Kalshi, approved by the Commodity Futures Trading Commission, was last valued at $11 billion, while Polymarket was valued at $9 billion.
Kalshi, approved by the Commodity Futures Trading Commission, iwas last valued at $11 billion , while Polymarket was valued at $9 billion.
Kalshi, Polymarket chase $20B valuations in fundraising: WSJ
Two prediction-market platforms are pursuing high-value fundraising rounds that could place Kalshi and Polymarket at roughly $20 billion each, according to people familiar with the matter cited by the Wall Street Journal. The discussions, still in their early stages, may not culminate in a deal or reach that lofty valuation. Kalshi operates as a US-regulated exchange offering markets tied to sports, politics, the economy, and cultural events. Th…
Kalshi and Polymarket would be exploring new rounds of funding that could raise their valuation to $20 billion each, at a time of strong growth for predictive markets, but also of growing political and regulatory scrutiny for suspicious bets linked to geopolitical events. *** Kalshi and Polymarket would have initiated preliminary discussions with investors to capture capital at close to $20 billion. Kalshi was valued at around $11 billion in Dec…
Prediction Market Giant Polymarket Eyes $20B Valuation
The race to dominate blockchain based forecasting platforms has intensified. Now, one of the sector’s biggest names prepares for an ambitious funding push. Reports suggest that Polymarket aims to secure fresh capital at a valuation close to $20 billion. The move signals rising investor confidence in the rapidly expanding prediction market industry. Prediction markets once attracted niche communities of traders and political enthusiasts. Today, t…
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