Stay current on Polymarket news, including prediction market growth, election activity, legal scrutiny, and crypto-native trading trends.
Prediction markets have become Wall Street’s newest battleground, with Kalshi betting on regulation and Polymarket betting on decentralization—and both racing to turn real-world events into tradeable assets.
Andjela Radmilac 5 min read 
The deal represents the most significant single investment in prediction markets and positions the sector as crypto's emerging battleground.
Monthly trading volume for prediction markets jumped 126.3% from August’s $1.89 billion, with the baton of dominance passed decisively to Kalshi.
The episode description said Kyle and Cartman will feud over a betting app that gains popularity among their classmates.
Sources familiar with the matter said the valuation discussions represent at least a 3x increase from Polymarket's $1 billion valuation.
The approval enables Polymarket to operate event contracts while maintaining compliance with federal derivatives regulations.
Potential rate cuts in September and crypto ETF approvals in October add to the bull case.
Polymarket did not disclose the financial terms of the investment from 1789 Capital.
The prediction market plans its return to the US following a January 2022 settlement that required the platform to block American users.
