Kalshi Valuation Soars, Signaling Dominance in US Prediction Markets

Kalshi’s valuation has more than doubled to $11 billion within weeks, a sign of significant market expansion. The surge comes after the company secured a $1.3 billion investment and solidified its position as a major player in regulated prediction markets alongside Polymarket. Key factors driving this growth include Kalshi’s regulatory advantage, which allows for transparent operations within U.S.-regulated prediction markets, challenging Polymarket’s decentralized approach. This competitive dynamic is creating higher market volumes and potentially influencing future strategies in the industry.