Kalshi Valuations Soars to $11 Billion Amid Competition From Polymarket

Kalshi’s valuation has skyrocketed, reaching an astounding $11 billion after a recent $1 billion funding round. This significant growth positions the company as a major force in the prediction market space alongside Polymarket. 💰 Analysts cite increased interest in regulated markets and competition from Polymarket, which is expected to reach valuations of between $12 billion and $15 billion. 📊 Kalshi’s success is fueled by its focus on regulatory compliance, emphasizing products like sports and political predictions, attracting significant investor attention.