Polymarket And Kalshi Prepare Billions In New Funding Rounds

Key Highlights Polymarket valuation could hit $10B with fresh investor deals Kalshi nears $5B funding milestone with Robinhood partnership Coinbase explores entering prediction markets as competition grows Polymarket Pushes Toward $10B Valuation Forecasting platforms Polymarket and Kalshi are drawing massive attention from investors as they prepare for new funding rounds that could catapult their valuations into the ￰0￱ to The Information and Business Insider , both platforms are in advanced talks with major ￰1￱ is reportedly entertaining offers valuing the company at up to $9 billion , with at least one investor considering a $10 billion ￰2￱ a valuation would mark a dramatic leap from its previous round, underscoring surging interest in the prediction market sector.

Notably, Peter Thiel’s Founders Fund is among Polymarket’s ￰3￱ platform has also struck a partnership with X (formerly Twitter), becoming its official forecasting partner — a move that further strengthens its mainstream ￰4￱ Gains Momentum With $5B Deal Kalshi, which operates as a CFTC-regulated prediction market in the United States, is reportedly close to finalizing a funding deal worth $5 ￰5￱ a few months ago, the platform’s valuation stood at $2 billion, highlighting rapid ￰6￱ by Paradigm and Sequoia Capital, Kalshi has also entered a strategic partnership with Robinhood, giving it access to millions of retail ￰7￱ Volumes Cool Off But Competition Heats Up Despite heightened investor interest, both platforms saw trading activity decline in August 2025 .

Polymarket’s volumes slipped to $1 billion , while Kalshi’s fell to $875 million . Still, the broader market is becoming increasingly ￰8￱ is reportedly exploring its own prediction platform, while ￰9￱ and Underdog have already launched services across 16 ￰10￱ investor money pouring in and new players entering the field, prediction markets appear to be moving from niche experiments into mainstream financial products.