25 June 2025

Sources: Kalshi is raising $100M+ led by Paradigm at a $1B+ valuation; Polymarket is completing a $200M+ investment led by Founders Fund at a ~$1B valuation (Kate Clark/Bloomberg)

Kate Clark / Bloomberg:
Sources: Kalshi is raising $100M+ led by Paradigm at a $1B+ valuation; Polymarket is completing a $200M+ investment led by Founders Fund at a ~$1B valuation  —  Kalshi Inc., a prediction market that competes with Polymarket, is raising more than $100 million at a valuation that exceeds $1 billion …

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