Prediction market platforms Kalshi and Polymarket are discussing new funding rounds. The potential valuation of each company could reach around $20 billion, WSJ reports. Prediction markets Kalshi and Polymarket are in talks with investors to raise funding at valuations of around $20 billion each. The deal may not happen, and the companies’ final valuation may differ from the stated $20 billion. It also recently emerged that brokerage firm Jump Trading is considering acquiring a stake in the Kalshi and Polymarket projects.

Source: Wall Street Journal March 08, 2026 12:33 UTC