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Event contracts framed as a new asset class, with Kalshi valued at 40 billion dollars and Polymarket at 15 billion
- Event contracts framed as a new asset class, with Kalshi valued at 40 billion dollars and Polymarket at 15 billion — A BusinessWire analysis frames event contracts as a new asset class, citing Kalshi at a 40 billion dollar valuation with IPO plans possibly in late 2026 or early 2027 and Polymarket at 15 billion dollars. It notes Robinhood event contracts brought in more than either crypto or equities trading in the second quarter, helping a record 1.31 billion dollars in net revenue, and puts total prediction market volume at 20.1 billion dollars in September 2026 per Macquarie. (Fox47 MarketMinute)
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