Wu Blockchain (@WuBlockchain): According to WSJ, prediction-market platforms Kalshi and Polymarket are in early talks with investors about new funding rounds that could value each c…
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According to WSJ, prediction-market platforms Kalshi and Polymarket are in early talks with investors about new funding rounds that could value each company at around $20 billion, roughly double their late-2025 valuations. Kalshi was last valued at about $11 billion after raising $1 billion in December 2025 and reports an annualized revenue run rate above $1 billion. Polymarket was valued at about $9 billion in October 2025 after ICE agreed to invest up to $2 billion. https://www.wsj.com/finance/kalshi-and-polymarket-are-each-eyeing-roughly-20-billion-valuations-d7b9c5d8?mod=Searchresults&pos=1&page=1