Prediction Markets Kalshi and Polymarket are both seeking new funding rounds with valuations of approximately $20 billion.

Deep Tide TechFlow News, March 7th, according to The Wall Street Journal, predicts that two major market platforms, Kalshi and Polymarket, are each negotiating new funding rounds with investors. Both companies are valued at approximately $20 billion, nearly doubling their valuations since the end of last year. Recently, both firms have been increasing their investments in social media and campus promotions to compete for user market share.