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Polymarket Eyes $20B as Rivals Heat Up | Bitcoin and Crypto News
Description
Polymarket, the blockchain prediction market, is eyeing a $20 billion valuation after raising $600M from NYSE owners—just months after hitting $15B. CEO Shayne Coplan dubs it a “thermometer of the world,” framing it as an info hub, not just a betting platform. As Coinbase and Robinhood jump in, the space explodes beyond niche status. Rival Kalshi, federally regulated and crypto-free, aims even higher at $40B, capturing different users—but both are reshaping how we gauge global futures.
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