Kalshi raising at $40B valuation per FT sources
Prediction markets are having their moment. After the election cycle proved these platforms can nail sentiment better than polls, VCs are piling in.
$40B is wild for a regulated prediction market that just got CFTC approval last year. For context:
- Polymarket did $3.7B volume in Nov alone (unregulated)
- Kalshi is the legal US alternative
- Clear path to capture institutional flow
If this closes, it's a signal that prediction markets are transitioning from degen gambling to legitimate financial infrastructure. Watch for:
- More tradfi integration
- Tokenized prediction markets on-chain
- Potential Kalshi token down the line?
Bullish for the entire prediction market narrative.
Prediction markets are having their moment. After the election cycle proved these platforms can nail sentiment better than polls, VCs are piling in.
$40B is wild for a regulated prediction market that just got CFTC approval last year. For context:
- Polymarket did $3.7B volume in Nov alone (unregulated)
- Kalshi is the legal US alternative
- Clear path to capture institutional flow
If this closes, it's a signal that prediction markets are transitioning from degen gambling to legitimate financial infrastructure. Watch for:
- More tradfi integration
- Tokenized prediction markets on-chain
- Potential Kalshi token down the line?
Bullish for the entire prediction market narrative.