Prediction markets platform Polymarket is reportedly in talks with investors to raise 400 million dollars in new funding, a move that could push its valuation to around 15 billion dollars, according to a report by The Information. This development follows a major funding round by rival Kalshi, which recently secured 1 billion dollars and reached a valuation of about 22 billion dollars.
If additional strategic investors participate, Polymarket’s total capital raised could approach 1 billion dollars.
Expansion Plans Drive Investor Interest
Polymarket has already secured a 600 million dollar investment from Intercontinental Exchange, the parent company of the New York Stock Exchange. The funding is part of a broader plan to allocate up to 2 billion dollars toward expanding its event based trading offerings.
The push for new funding comes as prediction markets gain traction. These platforms allow users to trade on the outcomes of real world events and have seen rapid growth in both participation and trading activity. Institutional investors are increasingly entering the space to benefit from this expansion.
Estimates from brokerage firm Bernstein suggest that prediction market volumes could reach 1 trillion dollars annually by 2030. So far this year, platforms like Kalshi and Polymarket have already recorded about 60 billion dollars in trading volume, surpassing the 51 billion dollars generated throughout 2025.
Bernstein expects volumes to rise to 240 billion dollars in 2026, representing a 370 percent increase year on year, with the market projected to grow at an annual rate of roughly 80 percent through the end of the decade. This expansion has been fueled by increasing user participation and a broader range of contracts covering sports, digital assets, and macroeconomic developments.
Weekly trading activity on Kalshi alone has exceeded 3 billion dollars, compared to around 100 million dollars a year earlier.
Concerns Over Insider Activity and Regulation Intensify
Despite strong growth, concerns about misuse and regulatory oversight continue to emerge. Blockchain analytics platform Lookonchain recently identified a cluster of newly created wallets that earned approximately 663,000 dollars on Polymarket by correctly predicting a United States and Iran ceasefire shortly before it happened. The wallets had no prior transaction history and placed bets at low probability levels, raising suspicions about potential insider knowledge.
In a separate case, authorities in Israel charged a reservist from the Israel Defense Forces along with a civilian for allegedly using classified information to place bets on the platform. Prosecutors warned that such actions could pose risks to national security.
Regulatory scrutiny is also increasing worldwide. In Buenos Aires, a court ordered a nationwide ban on Polymarket in March, citing its operation as an unlicensed betting platform. Authorities also pointed to shortcomings in identity verification and payment controls, including the use of cryptocurrencies and credit cards without standard compliance procedures.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic
