🚨Kalshi, Polymarket seeking $20 billion valuations in fundraising talks: WSJ

Kalshi, approved by the Commodity Futures Trading Commission, was last valued at $11 billion, while Polymarket was valued at $9 billion.

👉What to know:

Kalshi and Polymarket are exploring fundraising rounds that could value each company at approximately $20 billion, doubling their valuations from late 2025.

Kalshi, approved by the Commodity Futures Trading Commission, was last valued at $11 billion, while Polymarket was valued at $9 billion.

Both platforms are leading the prediction markets sector, with Kalshi's open interest at over $400 million and Polymarket's at $360 million, alongside notable weekly volume figures.