Kalshi closes a round of 185 million dollars, as the competitor Polymarket is said to be looking for $ 200 million

Kalshi just raised a $ 185 million tour, led by the VC model, which focuses on encryption, which raised the company’s evaluation to two billion dollars after money, and representatives from Paradigm and Kalshi confirmed on Techcrunch.

“The coding markets 15 years have been reminded of: separating new assets on a road to trillions,” said Matt Huang, co -founder and administrative partner of Techcrunch in an email. “There is no better team than Kalshi to expand the scope of prediction markets and reshape how people think about everything from elections and economic markets to weather and sports.”

the Wall Street Journal He was the first report on the tour.

This news comes one day after Bloomberg I mentioned The larger polymearite of Kalshi wins, but the organizational competitor is $ 200 million in about $ 1 billion to evaluate pre -money, led by the Founders Fund. The sources said that this deal is not final. The Founders Fund refused to comment.

Blockchain prediction markets use to allow users to put bets on the results of everything from pop culture to political events.

By doing mathematics, investors who support Kalshi pay more bonus than that support polymers, if the last deal is near, as I mentioned.

There is a good reason for that. Polymarket has been banned from the United States since 2022 as part of an agreement with American organizers in the commodity futures trading committee.

according to Conditions for use from polymarketProhibiting a number of other countries and provinces, as well as polymers. This includes the United Kingdom, France, Ontario, Singapore, Poland, Thailand, Belgium and Taiwan. The organizers argue that these are either betting markets and must be licensed like gambling facilities or they are securities markets and must be organized in this way.

Calchi, on the other hand, I worked through a similar battle With the commodity futures trading committee and reached an agreement to organize it CFTC. American population can use the site freely.

While the irregular challenging market may appeal to those who oppose such things, the limited partner investors in investment funds also tend to prefer less risk.

However, if the Founders Fund writes a big check, this may mean that polymarket makes progress in the hope of ending the official ban under more Trump’s friend’s encryption management. It seems that Elon Musk X does not wait for it. The two companies announced a partnership deal earlier This month for making polymers The “official” prediction market for X, although the details of what it contained exactly were minimal.