This news comes one day after Bloomberg reported that Kalshi’s biggest but regulatory-troubled rival Polymarket is raising ...

Prediction market platforms Polymarket and Kalshi have each raised more than $150 million from investors in their latest ...

The popular online betting platform Polymarket is finalizing an investment of more than $200 million led by Peter Thiel’s ...

The latest round follows earlier funding in May 2024, when Polymarket raised $25 million in a Series A led by General ...

Prediction market Kalshi, a federally regulated competitor to Polymarket, has raised more than $100 million at a valuation of ...

Peter Thiel’s Founders Fund leads the round, and the $200 million includes $50 million in previously unannounced funding.

Cryptocurrency bettors projected a guilty verdict for rapper Sean “Diddy” Combs on sex trafficking charges, despite prosecutors dropping serious charges against him.

Blockchain-based prediction markets correctly forecast Zohran Mamdani's Democratic NYC mayoral primary victory.

Polymarket is finalizing a $200M funding round, led by Founders Fund, which will value the prediction platform at over $1B.

Low liquidity poses a number of challenges. The biggest investors may have hedging needs that exceed the size of the markets ...

Polymarket is on the verge of closing a $200 million funding round at a “unicorn” valuation, according to a report from ...

The market shift came after one of the last independent polls of voters showed Mamdani winning in the city’s ranked choice ...