This news comes one day after Bloomberg reported that Kalshi’s biggest but regulatory-troubled rival Polymarket is raising ...

Prediction market platforms Polymarket and Kalshi have each raised more than $150 million from investors in their latest ...

The latest round follows earlier funding in May 2024, when Polymarket raised $25 million in a Series A led by General ...

The popular online betting platform Polymarket is finalizing an investment of more than $200 million led by Peter Thiel’s ...

Prediction market Kalshi, a federally regulated competitor to Polymarket, has raised more than $100 million at a valuation of ...

Peter Thiel’s Founders Fund leads the round, and the $200 million includes $50 million in previously unannounced funding.

Blockchain-based prediction markets correctly forecast Zohran Mamdani's Democratic NYC mayoral primary victory.

The market shift came after one of the last independent polls of voters showed Mamdani winning in the city’s ranked choice ...

Polymarket is finalizing a $200M funding round, led by Founders Fund, which will value the prediction platform at over $1B.

Low liquidity poses a number of challenges. The biggest investors may have hedging needs that exceed the size of the markets ...

Polymarket is on the verge of closing a $200 million funding round at a “unicorn” valuation, according to a report from ...

Polymarket is set for a $200 million raise at a $1 billion valuation by Peter Thiel’s Founders Fund, Reuters and Bloomberg ...