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Kalshi and Polymarket Aim for $20 Billion Valuations Amid Scrutiny

3/7/2026

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Summary

Story summary

Kalshi, a regulated prediction market platform, and Polymarket may be valued at about $20 billion each in funding rounds, according to a Wall Street Journal report.
This would mark a substantial increase from their last valuations of $11 billion for Kalshi and $9 billion for Polymarket.
Both platforms attract rising interest as they challenge traditional forecasting methods, while facing ongoing regulatory scrutiny and legal challenges.

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Story summary

Kalshi, a regulated prediction market platform, and Polymarket may be valued at about $20 billion each in funding rounds, according to a Wall Street Journal report.
This would mark a substantial increase from their last valuations of $11 billion for Kalshi and $9 billion for Polymarket.
Both platforms attract rising interest as they challenge traditional forecasting methods, while facing ongoing regulatory scrutiny and legal challenges.