Investors are valuing Polymarket $7 billion less than archrival Kalshi—and crypto could be one reason why
Corroborated by 2 sources from 2 publishers
globalpolitics5d ago
TL;DR
Reports differ across sources; according to finance.yahoo.com, investors are valuing Polymarket $7 billion less than archrival Kalshi—and crypto could be one reason why The nearly one-third valuation discount for Polymarket could be explained by Kalshi’s stronger foothold in the U.S., where it currently holds roughly 90% market share, or by its stronger revenue figures, since Polymarket just recently started charging trading fees.