Tag: Kalshi
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Kalshi and Polymarket Chase $20 Billion Valuations — Prediction Markets Are Becoming Serious Business
Two platforms that let users bet on real-world outcomes are quietly plotting their next moves, and the numbers involved are staggering. Kalshi and Polymarket have entered preliminary discussions with investors about new funding rounds that could value each company at approximately $20 billion — roughly double where they stood just months ago. Let that valuation sink in.…