The Kalshi prediction market, a competitor regulated by the Federal Government of Polymarket, has raised more than $ 100 million to an evaluation of $ 1 billion, according to a Bloomberg report.
This comes less than a day after reports emerged that Polymarket collected $ 200 million in the same assessment of the unicorn, led by Peter Thiel’s Founders Fund.
Data accessible to the public of the Kalshi API organized by Polymarket Analytics (not affiliated with Polymarket) shows that Kalshi has around $ 113 million in current active negotiation volume in all open markets, while Polymarket has just under 600 million dollars.
Kalshi is now hosting more active markets than polymarket, but remains late in open interest, a key metric which reflects the liquidity and conviction of traffic on the prediction markets.
A dashboard shows that Polymarket has around 186,000 active merchants.
The paradigm led Kalshi’s last round. The Crypto -focused VC recently led the series A for GTE, a decentralized exchange (Dex) This seems to compete with a gear hyperliquid.
In January, Donald Trump Jr. announced that he was joining Kalshi as a principal advisor.
