Report: Prediction Markets Polymarket and Kalshi Eye $20B Valuations as Investor Interest Builds

According to a recent report, the two heavyweight prediction markets, Polymarket and Kalshi, are said to be chatting with prospective backers about fresh fundraising rounds. Current figures place Kalshi’s valuation near $11 billion and Polymarket’s around $9 billion, and if capital does come calling, each company is eyeing a lofty $20 billion post-money valuation. Polymarket […]