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 …

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 …

Source: TechMeme
Source Link: http://www.techmeme.com/250625/p25#a250625p25