Kalshi polymarket 20 billion valuation – Breaking News & Latest Updates 2026
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Everything is gambling now: the latest news on prediction markets like Polymarket and Kalshi

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Terrence O'Brien
Kalshi and Polymarket are trying to convince investors they’re worth $20 billion.

Fresh off another round of controversial bets, accusations of insider trading, and general profiting off human suffering, the two biggest prediction markets are seeking fresh funds. According to the Wall Street Journal, both companies are trying to lure investors at a valuation of $20 billion, nearly twice last year’s.

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