Kalshi hits $5B valuation days after rival Polymarket gets $2B NYSE backing at $8B

techcrunch.com/2025/10/10/kalshi-hits-5b-valuation-days-after-rival-polymarket-gets-2b-nyse-backing-at-8b

Kalshi, a prediction market that allows people to bet on future events, announced that it raised over $300 million at a $5 billion valuation. The company’s value has increased 2.5x since its last fundraise just three months ago, when it was valued at $2 billion.
The fresh capital came…

This story appeared on techcrunch.com, 2025-10-10 19:45:08.
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