Prediction-market platforms Kalshi and Polymarket are in early discussions with investors for new funding rounds that could value each company at approximately $20 billion, doubling their late-2025 valuations. Kalshi was last valued at $11 billion following a $1 billion raise in December 2025 and maintains an annualized revenue run rate exceeding $1 billion. Polymarket reached a $9 billion valuation in October 2025 after ICE committed to invest up to $2 billion.
BTCUSDT
Löpande
70,403.2
+0.67%
ETHUSDT
Löpande
2,068.73
+1.82%
BNBUSDT
Löpande
651.45
+1.69%