Report: Prediction Markets Polymarket and Kalshi Eye $20B Valuations as Investor Interest Builds
According to a recent report, the two heavyweight prediction markets, Polymarket and Kalshi, are said to be chatting with prospective backers about fresh fundraising rounds. Current figures place Kalshi’s valuation…
Read More »Prediction Markets Trigger Federal-State Clash as CFTC Defends Authority
The CFTC is escalating its defense of exclusive authority over U.S. commodity derivatives and prediction markets as legal battles threaten to redraw regulatory lines and restrict access to event contracts…
Read More »Prediction markets are not being manipulated — Kalshi founder
The most recent Polymarket odds put Trump’s chances of winning the 2024 Presidential election at 60.3% and winning all six swing states.
Read More »Rep. Torres 'happy' to help CFTC in regulating election betting contracts
New York Congressman Ritchie Torres stated he is “more than happy” to work with the CFTC to develop a plan for regulating election betting contracts in the United States.
Read More »U.S. Election Betting Delay Would Be ‘Devastating’ to Kalshi, Firm Says
Kalshi “has staked its future on this litigation and these markets,” the prediction market platform said, pushing back against CFTC’s emergency motion.
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