Polymarket Weighs $9B Valuation as Kalshi Eyes $5B, Report Says

Polymarket and Kalshi are reportedly weighing fresh fundraising rounds at valuations of $9 billion and $5 billion, respectively, according to a new report from The Information. Technology newsletter The Information reports that both prediction market operators are entertaining new cash infusions: Polymarket has weighed an offer that could peg its valuation as high as $9 []