Kalshi Eyes IPO at $22B Valuation as Revenue Triples
Kalshi is in early IPO talks at a ~$22B valuation after annualized revenue tripled to about $2B in seven months. Here is the case and the risk.
Polymarket
Polymarket’s Iran Bets Raise Prediction Market Reckoning
Newly created Polymarket accounts placed big ceasefire bets hours before Trump’s announcement. Are prediction markets becoming a haven for insider trading?