Kalshi, approved by the Commodity Futures Trading Commission, was last valued at $11 billion, while Polymarket was valued at $9 billion.
Prediction market platforms Kalshi and Polymarket are discussing potential fundraising rounds that could value each company at about $20 billion. If completed at that level, the deals would roughly double their valuations from late 2025. The discussions remain early and may not lead to finalized investments, according to the Wall Street Journal. Prediction markets allow…
