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Kalshi valued at 22 billion dollars and Polymarket at 15 billion dollars as both retreat from China, India, Brazil and Nigeria, SCCG reports
- Kalshi valued at 22 billion dollars and Polymarket at 15 billion dollars as both retreat from China, India, Brazil and Nigeria, SCCG reports — SCCG, reporting on October 22 from Sportico coverage, says valuations have climbed to 22 billion dollars for Kalshi and 15 billion dollars for Polymarket while both firms pulled back from China, India, Brazil and Nigeria after sanctions threats. The report notes a settlement of more than 200,000 dollars with the Ontario Securities Commission, an Australian order to block Polymarket, and Brazil forcing Kalshi offline in April. (SCCG)
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