Why Kalshi’s $5B valuation puts Polymarket on notice
PositiveCryptocurrency

Kalshi's recent $300 million funding round, which has catapulted its valuation to $5 billion, marks a significant milestone in the prediction market landscape. This achievement not only positions Kalshi as the most valuable CFTC-regulated event-contract exchange but also highlights its rapid expansion into 140 countries. With a diverse range of macro and cultural markets, Kalshi is setting the stage for a new era in prediction markets, putting competitors like Polymarket on alert. This development is crucial as it could reshape how people engage with prediction markets globally.
— Curated by the World Pulse Now AI Editorial System