Kalshi targets a massive $40 billion valuation, widening lead over rival Polymarket
The prediction market operator, which is eyeing a potential public debut in 2027, could close a new funding round in Q3, according to a Financial Times report.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
Kalshi is showing up inside the Prediction Markets theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on CoinDeskRelated market context
Kalshi and Polymarket hit record $2.7 billion in weekly crypto volume
The surge in crypto prediction market volume highlights a shift towards short-term speculative trading, impacting traditional trad...
Anthropic targets November IPO as Polymarket traders bet on $ANT ticker
Anthropic's IPO could reshape AI investment, offering public access to AI model developers and highlighting valuation risks amid r...
Bitcoin Bettors Push Kalshi and Polymarket to a Record $2.7B Week
Crypto contracts on Kalshi and Polymarket hit a record $2.7 billion in weekly volume, driven mostly by short-term bets on where bi...
NY Seeks $1.37 Billion Judgment Against Operators of NovaTech Crypto Ponzi Scheme
Bitcoin Magazine NY Seeks $1.37 Billion Judgment Against Operators of NovaTech Crypto Ponzi Scheme New York Attorney General Letit...
Phantom brings Kalshi prediction markets to US users as legal fights mount
The integration highlights the tension between federal and state regulations, potentially reshaping the legal landscape for predic...
Raffles Family Office targets Asia’s stablecoin billionaires with new wealth management services
Raffles Family Office's focus on Asia's stablecoin billionaires highlights the growing need for tailored financial services in the...