Kalshi Eyes $40B Valuation, While Polymarket Targets $20B: Is Either One Actually Exploring An IPO?
Key takeaways – Kalshi’s valuation went from $11 billion in December 2025 to $22 billion in March 2026, and it is reportedly now in talks for a $40 billion round that could close this quarter. – Polymarket was
Two prediction-market companies are growing super fast and raising lots of money, which shows people think their businesses could be worth a lot someday. When companies raise money at higher prices over time, it usually means investors think the company is doing well, but it doesn't tell us whether they'll stay successful or go public.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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