#Polymarket20BValuation

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About Polymarket20BValuation

FT reports Polymarket is discussing a new funding round of about $1B at a valuation above $20B, a sharp increase from last year. Prediction markets are heating up: rival Kalshi previously raised $1B at a $22B valuation, while Robinhood and Coinbase are also seen as potential beneficiaries. Are prediction markets becoming a new growth gateway for crypto and traditional trading platforms, or will gambling concerns, insider trading and regulatory disputes limit the sector?