{"id":694229,"date":"2025-10-11T08:25:09","date_gmt":"2025-10-11T05:25:09","guid":{"rendered":"https:\/\/buradabiliyorum.com\/en\/kalshi-hits-5b-valuation-days-after-rival-polymarket-gets-2b-nyse-backing-at-8b\/"},"modified":"2025-10-11T08:25:09","modified_gmt":"2025-10-11T05:25:09","slug":"kalshi-hits-5b-valuation-days-after-rival-polymarket-gets-2b-nyse-backing-at-8b","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/kalshi-hits-5b-valuation-days-after-rival-polymarket-gets-2b-nyse-backing-at-8b\/","title":{"rendered":"Kalshi hits $5B valuation days after rival Polymarket gets $2B NYSE backing at $8B"},"content":{"rendered":"<div>\n<p id=\"speakable-summary\" class=\"wp-block-paragraph\">Kalshi, a prediction market that allows people to bet on future events, announced that it raised over $300 million at a $5 billion valuation.\u00a0The company\u2019s value has increased 2.5x since its last fundraise just three months ago, when it was valued at $2 billion.<\/p>\n<p class=\"wp-block-paragraph\">The fresh capital came from Kalshi\u2019s existing investor, Sequoia Capital, with new investor Andreessen Horowitz <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/cdixon\/status\/1976647410446434486\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">co-leading the round<\/a>. Paradigm Ventures, CapitalG, and Coinbase Ventures also participated.<\/p>\n<p class=\"wp-block-paragraph\">Kalshi also revealed that consumers in 140 countries can now make bets on its platform.<\/p>\n<p class=\"wp-block-paragraph\">The prediction market is seeing a dramatic surge in activity: Kalshi is set to reach $50 billion in annualized trading volume, up significantly from the <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roximately $300 million volume posted last year, the <a rel=\"nofollow\" target=\"_blank\" target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2025\/10\/10\/business\/dealbook\/kalshi-prediction-market-fundraising.html\" rel=\"noreferrer noopener nofollow\">New York Times<\/a> reported.<\/p>\n<p class=\"wp-block-paragraph\">Kalshi\u2019s fundraise announcement follows one made just days earlier by archrival Polymarket, which revealed that it had secured an investment of up to $2 billion from Intercontinental Exchange (ICE), the owner of the New York Stock Exchange, at a pre-money valuation of $8 billion. The deal valued Polymarket at $8 billion pre-money, a monumental increase from its $1 billion valuation only two months earlier in August.<\/p>\n<p class=\"wp-block-paragraph\">Both Kalshi and Polymarket rose to prominence last year, drawing significant attention for their prediction markets on the presidential election outcome.<\/p>\n<p class=\"wp-block-paragraph\">Polymarket has been barred from serving U.S. residents since 2022, following a settlement with the Commodity Futures Trading Commission (CFTC). In July, the company acquired a derivatives exchange and a clearing house. The move helped Polymarket receive the right to reenter the U.S. market. Last month, the company\u2019s CEO and founder, Shayne Coplan, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/shayne_coplan\/status\/1963280673709625346\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">said on X<\/a>: \u201cPolymarket has been given the green light to go live in the USA by the CFTC.\u201d<\/p>\n<div class=\"wp-block-techcrunch-inline-cta\">\n<div class=\"inline-cta__wrapper\">\n<p>Techcrunch event<\/p>\n<div class=\"inline-cta__content\">\n<p>\n\t\t\t\t\t\t\t\t\t<span class=\"inline-cta__location\">San Francisco<\/span><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"inline-cta__separator\">|<\/span><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"inline-cta__date\">October 27-29, 2025<\/span>\n\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<p class=\"wp-block-paragraph\">Kalshi secured the right for Americans to use its platform after successfully suing the CFTC last year.<\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more like this article, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" target=\"_blank\" >Technology<\/a><\/span> category.<\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/techcrunch.com\/2025\/10\/10\/kalshi-hits-5b-valuation-days-after-rival-polymarket-gets-2b-nyse-backing-at-8b\/\" target=\"_blank\" >Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kalshi, a prediction market that allows people to bet on future events, announced that it raised over $300 million at a $5 billion valuation.\u00a0The company\u2019s value has increased 2.5x since its last fundraise just three months ago, when it was valued at $2 billion. The fresh capital came from Kalshi\u2019s existing investor, Sequoia Capital, with&#8230;<\/p>\n","protected":false},"author":1,"featured_media":694230,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/techcrunch.com\/wp-content\/uploads\/2025\/04\/54430828088_f8b05f4647_4k.jpg?resize=1200,800","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[75736,151533,157334,157336,152022,70917],"class_list":["post-694229","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-crypto","tag-a16z","tag-kalshi","tag-polymarket","tag-sequoia","tag-startups"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/694229","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=694229"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/694229\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/694230"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=694229"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=694229"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=694229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}