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Kalshi and Polymarket eye 20 billion dollar valuations while pursuing new funding, GambleRss reports
- Kalshi and Polymarket eye 20 billion dollar valuations while pursuing new funding, GambleRss reports — Kalshi and Polymarket are in early talks with investors that could value each platform at close to 20 billion dollars, according to a Wall Street Journal report relayed by GambleRss. Kalshi last raised 1 billion dollars in December at an 11 billion dollar valuation, while Polymarket secured a 2 billion dollar investment from Intercontinental Exchange that valued it at more than 8 billion dollars. (GambleRss)
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