Post #11755

Kalshi & Polymarket Each Eyeing $20B Valuation For New Fundraising Round Prediction market rivals Kalshi and Polymarket have each held early-stage talks with investors about fundraising at approximately $20B, roughly doubling their prior rounds from late 2025. Kalshi has recently crossed a $1B annualized revenue run rate, with some estimates placing it closer to $1.5B. Moreover, Polymarket plans to fully launch a regulated U.S. version of its platform this year. The fundraising push arrives amid escalating regulatory and political headwinds and mounting insider trading allegations linked to geopolitical contracts. If these $20B fundraising rounds close successfully, it would cement prediction markets as a permanent fixture in mainstream finance - no longer a niche crypto experiment, but a serious, institutionally-backed asset class. 🔗wsj.com/finance/kalshi-and-polymarket-are-each-eyeing-roughly-20-billion-valuations-d7b9c5d8 @TOP7ICO