## Kalshi Reaches $5B as Polymarket Gets $2B NYSE Boost: A New Era in Prediction Markets
In a significant development for the prediction market secto...
In a significant development for the prediction market sector, Kalshi and Polymarket, two leading platforms, have made substantial strides in securing funding and expanding their valuations. Kalshi, a CFTC-regulated platform in the U.S., is nearing a $5 billion valuation through a new funding round, while Polymarket has secured a strategic investment of up to $2 billion from Intercontinental Exchange (ICE), reflecting a valuation of approximately $8 billion.
### Kalshi's $5 Billion Milestone
Kalshi's journey to a $5 billion valuation is a testament to...
Kalshi's journey to a $5 billion valuation is a testament to its rapid growth and strategic partnerships. The platform recently raised $185 million in a Series C round led by Paradigm, a crypto-focused VC firm, which brought its valuation to $2 billion at the time[2][4]. This latest funding push is expected to further enhance Kalshi's market presence, particularly through its partnership with Robinhood, which gives it access to millions of retail investors[3][5]. Kalshi's focus on regulated prediction markets has positioned it as a leader in the U.S., with a strong emphasis on engineering and broker partnerships[2][4].
### Polymarket's Strategic Investment and NYSE Boost
Polymarket, on the other hand, has secured a significant inv...
Polymarket, on the other hand, has secured a significant investment of up to $2 billion from ICE, marking a pivotal moment for the platform. This investment reflects a valuation of approximately $8 billion for Polymarket, highlighting the growing interest in prediction markets[1]. Despite being banned from the U.S. since 2022, Polymarket has been exploring avenues to relaunch in the country, with recent indications suggesting a potential green light from the CFTC[5]. The platform's use of blockchain technology and its partnership with X (formerly Twitter) have enhanced its global reach and appeal[3][5].
### The Impact of NYSE Involvement
The involvement of ICE, a major player in financial markets...
The involvement of ICE, a major player in financial markets through its ownership of the New York Stock Exchange (NYSE), could signal a regime change in how prediction markets are perceived and integrated into mainstream financial systems. This strategic investment not only boosts Polymarket's valuation but also underscores the growing recognition of prediction markets as a significant asset class. The NYSE's influence could pave the way for greater legitimacy and regulation of these markets, potentially leading to increased adoption and investment.
### Competition and Future Outlook
The prediction market sector is becoming increasingly compet...
The prediction market sector is becoming increasingly competitive, with both Kalshi and Polymarket vying for dominance. Kalshi's regulated status and partnerships have positioned it well in the U.S., while Polymarket's global reach and innovative use of blockchain technology have attracted substantial interest from investors. As the sector continues to evolve, it is likely that other major players, such as Coinbase, will explore entering the prediction market space, further fueling competition and innovation[3].
In conclusion, the recent developments in the prediction mar...
In conclusion, the recent developments in the prediction market sector highlight the growing interest and investment in this space. Both Kalshi and Polymarket are set to play significant roles in shaping the future of prediction markets, with their valuations and strategic partnerships reflecting a new era of growth and recognition.
🔄 Updated: 10/10/2025, 8:50:48 PM
Kalshi has sharply increased its valuation to $5 billion after raising $300 million, positioning itself as a dominant player with about 60% of the global prediction market share and projected annualized volume of $50 billion, far surpassing last year’s $300 million[1][6]. Meanwhile, Polymarket secured a $2 billion investment from Intercontinental Exchange (ICE), owner of the NYSE, valuing it at $8 billion and aiming to leverage its deep institutional distribution and blockchain hybrid model to challenge Kalshi’s US regulatory advantage[3][6][5]. This intensifies the competitive landscape, as Kalshi expands globally with fiat-based regulation and Polymarket pushes a crypto-regulated approach backed by Wall Street giants, setting the
🔄 Updated: 10/10/2025, 9:00:47 PM
Kalshi has surged to a $5 billion valuation after raising over $300 million, expanding its prediction market platform to 140 countries and capturing over 60% of the global market share, signaling strong international adoption[2][4]. Meanwhile, Polymarket secured up to $2 billion in strategic investment from Intercontinental Exchange (ICE), owner of the NYSE, at an $8 billion pre-money valuation, marking a significant U.S. institutional endorsement that also boosts its global credibility[1][2]. This influx of capital and global expansion from both firms is widely seen as reshaping the international prediction market landscape, with Polymarket partnering with the social media platform X and attracting investors like Peter Thiel’s Founders Fund, while Kalshi
🔄 Updated: 10/10/2025, 9:10:51 PM
Kalshi’s announcement today of a $300 million funding round at a $5 billion valuation—just weeks after its $2 billion valuation in June—comes as regulators spotlight compliance with the U.S. Commodity Futures Trading Commission (CFTC) as a “major catalyst” in its surge to over $50 billion in annualized trading volume and 60% market share, according to CEO Luana Lopes Lara in a statement to the New York Times[8]. Hours earlier, Polymarket clinched up to $2 billion in backing from ICE, owner of the NYSE, at an $8 billion pre-money valuation, signaling U.S. regulatory clearance for its new CFTC-licensed exchange framework—a sharp reversal from its
🔄 Updated: 10/10/2025, 9:20:47 PM
Kalshi has surged to a $5 billion valuation following a $300 million funding round led by Sequoia Capital and Andreessen Horowitz, overtaking Polymarket by commanding 60-65% of the global prediction market share and hitting an all-time weekly trading volume of over $500 million[4][5][11]. Meanwhile, Polymarket secured a $2 billion investment from Intercontinental Exchange, pushing its valuation to $8 billion and positioning it for a major U.S. relaunch backed by ICE’s infrastructure, which could challenge Kalshi’s recent gains[4][8]. This intensifies the competitive landscape, as Kalshi expands globally and explores blockchain integration, while Polymarket leverages its institutional partnerships and regulatory compliance to
🔄 Updated: 10/10/2025, 9:30:47 PM
Kalshi's $5 billion valuation and Polymarket’s $2 billion investment from the New York Stock Exchange (NYSE) owner Intercontinental Exchange are reshaping the global prediction markets sector. Kalshi now serves customers in over 140 countries, capturing more than 60% of the global market share, while Polymarket’s valuation surged to approximately $8–10 billion, reflecting strong international interest and regulatory progress that enable U.S. and worldwide participation[2][6][1][4]. This expansion has drawn responses from global investors and regulators, signaling increased acceptance of prediction markets as mainstream financial instruments worldwide[3][6].
🔄 Updated: 10/10/2025, 9:40:48 PM
NEWS UPDATE — Kalshi has reached a $5 billion valuation after raising over $300 million in a round co-led by Sequoia Capital and Andreessen Horowitz, with Paradigm and Coinbase Ventures also participating; the platform is now available in 140 countries and is on track for $50 billion in annualized trading volume, the company announced on October 10, 2025[6]. Just days earlier, archrival Polymarket secured up to $2 billion from Intercontinental Exchange (ICE), owner of the New York Stock Exchange, at an $8 billion pre-money valuation—marking the first time a blockchain-based prediction market has won backing from a major U.S. financial operator[6].
REGULATORY
🔄 Updated: 10/10/2025, 9:50:46 PM
Kalshi has recently secured a $5 billion valuation following a $300 million funding round led by Sequoia Capital and Andreessen Horowitz, marking a more than doubling from its $2 billion valuation earlier this year. Technically, Kalshi has surged ahead by capturing 62-65% of global prediction market volume with weekly trading volumes surpassing $500 million and annualized volume projections of $50 billion, driven by fast market turnover and extensive global reach to 140 countries. This contrasts with Polymarket, which, despite receiving a $2 billion boost from Intercontinental Exchange (owner of the NYSE) valuing it near $8 billion, trails in volume and turnover speed due to longer-term “sticker positions” and ongoing U
🔄 Updated: 10/10/2025, 10:00:45 PM
In a significant shift in the competitive landscape, Kalshi has reached a valuation of $5 billion following a $300 million investment, surpassing Polymarket in trading volume and market share. Polymarket, meanwhile, received a $2 billion boost from the New York Stock Exchange (NYSE), valuing it at $8 billion pre-money, marking a substantial increase from its previous valuation of $1 billion just two months prior[1][4]. This dynamic has Polymarket preparing for a potential relaunch in the U.S., which could challenge Kalshi's dominance, according to analysts like Pet Berisha from Sporting Crypto[1][4].
🔄 Updated: 10/10/2025, 10:10:46 PM
Kalshi announced a $300 million funding round led by Andreessen Horowitz and Sequoia Capital, boosting its valuation to $5 billion—2.5 times its value just three months ago—and expanded its prediction market platform to over 140 countries with a unified global liquidity pool[1][3][5]. Meanwhile, rival Polymarket secured a $2 billion investment from Intercontinental Exchange, owner of the NYSE, valuing it at $8 billion pre-money and signaling strong institutional interest in prediction markets[1]. Both companies are rapidly scaling, with Kalshi expecting an annualized trading volume of $50 billion, reflecting surging user activity worldwide[1].
🔄 Updated: 10/10/2025, 10:20:46 PM
In a significant development, **Kalshi** has reached a valuation of $5 billion following a recent funding round, solidifying its position as the most valuable CFTC-regulated event-contract exchange. Meanwhile, **Polymarket** has secured up to $2 billion in support from Intercontinental Exchange, the owner of the New York Stock Exchange, marking a strategic entry into the U.S. market. This boost underlines the growing interest in prediction markets, with Kalshi's CEO emphasizing the sector's potential to become a trillion-dollar asset class[1][5].
🔄 Updated: 10/10/2025, 10:30:47 PM
Kalshi's $5 billion valuation surge reflects its strong regulatory positioning as a Commodity Futures Trading Commission (CFTC)-regulated exchange, enabling it to surpass Polymarket in U.S. market share with over 60% dominance. Polymarket, after a 2022 CFTC consent decree barring U.S. operations, secured a $2 billion investment from Intercontinental Exchange (ICE), owner of the NYSE, and re-entered the U.S. market by acquiring QCX LLC, a CFTC-licensed exchange, which granted it regulatory approval via a no-action letter in September 2025 to resume event-contract trading under a self-certification framework similar to Kalshi’s model[1][5][6]
🔄 Updated: 10/10/2025, 10:40:46 PM
Kalshi's recent $300 million funding round at a $5 billion valuation, led by Sequoia Capital and Andreessen Horowitz, has drawn praise for its rapid growth and expanding global reach, now serving users in 140 countries and targeting $50 billion in annualized trading volume—up from $300 million last year. Experts like Matt Huang of Paradigm highlight Kalshi’s potential to scale prediction markets into a trillion-dollar asset class, positioning it as a regulated leader especially in the U.S. market[1][3][8]. Meanwhile, Polymarket, boosted by a $2 billion investment from Intercontinental Exchange at an $8 billion pre-money valuation, is viewed as a formidable rival with strong crypto integration and mainstream partnerships, but
🔄 Updated: 10/10/2025, 10:50:47 PM
Kalshi's valuation has surged to $5 billion after raising over $300 million, driven by a rapid increase in activity with a projected $50 billion in annualized trading volume, up from $300 million last year. This reflects a 2.5x valuation jump in just three months as Kalshi, a CFTC-regulated platform, expanded to 140 countries and captured 62-65% of market share, outpacing Polymarket's $430 million weekly volume and smaller open interest. Meanwhile, Polymarket secured $2 billion from Intercontinental Exchange at an $8 billion pre-money valuation, emphasizing mainstream institutional interest and signaling intensified competition and rapid scaling in prediction markets[5][6][1][3][8].
🔄 Updated: 10/10/2025, 11:00:48 PM
Kalshi has surged to a $5 billion valuation following a $300 million funding round, expanding its prediction market platform to consumers in 140 countries and achieving over 60% global market share in September 2025[2][6]. Meanwhile, Polymarket secured a strategic investment of up to $2 billion from Intercontinental Exchange, the owner of the New York Stock Exchange, at an $8 billion pre-money valuation, signaling strong institutional confidence and mainstream acceptance of global prediction markets[1][3]. This international expansion and high-profile backing reflect a growing global appetite for prediction markets as tools for real-time insight into elections, economics, and current events, with billions in bets placed worldwide and rising annualized trading volumes projected to reach $50 billion
🔄 Updated: 10/10/2025, 11:10:46 PM
Kalshi has reached a $5 billion valuation after raising over $300 million in a Series D round co-led by Andreessen Horowitz and Sequoia Capital, marking a 2.5x increase in just three months and expanding its platform to 140+ countries with an annualized trading volume set to hit $50 billion[1][3]. This milestone closely follows Polymarket securing up to $2 billion in investment from Intercontinental Exchange, the NYSE owner, at an $8 billion pre-money valuation—up from $1 billion two months ago—highlighting intense competition in the prediction market space[1]. Both firms are rapidly scaling their user bases and capitalizing on growing investor interest, with Polymarket also forming a strategic