Author Diya Poddar Mar 30, 2026, 06:54 AM Prediction markets moved deeper into the mainstream in March as trading activity climbed to fresh records. The surge was driven by easier access, broader media visibility, and rising demand for contracts linked to politics and geopolitical risk. Prediction markets surge as Polymarket, Kalshi hit record volumes Prediction markets surge as Polymarket, Kalshi hit record volumes Political AI Sentiment: 68/100 Bullish This score is generated through AI-driven analysis of ...

'No more': Washington state sues Kalshi, alleging prediction market amounts to illegal gambling – GeekWire Share Screenshots of Kalshi ads and betting markets included in Washington state's complaint. At right, an ad cited by the state shows a text conversation in which one person tells another they "found a way to bet on the NFL even though we live in Washington.†Washington Attorney General Nick Brown is suingprediction market platform Kalshi, alleging the company violates state gambling and ...

Polymarket hit nearly $10 billion in monthly volume in March 2026, solidifying its position as the world’s largest prediction venue.In a bold move to combine traditional finance with decentralized prediction markets, Intercontinental Exchange (ICE), the parent company of the NYSE, revealed today’s completion of a direct cash investment of $600 million into Polymarket.The closing of this last tranche completes the original institutional investment structure – originally announced in October 2025 – that will ...

New York Stock Exchange parent company Intercontinental Exchange has completed its investment into prominent prediction market platform Polymarket, with the final total landing at $1.6 billion. ICE said the new funding is part of an equity capital fundraising by Polymarket, and that the firm intends to purchase up to $40 million worth of Polymarket securities from existing holders. The NYSE parent company made a commitment of up to $2 billion to Polymarket in October 2025 that valued the company at $9 ...

Intercontinental Exchange initially invested $1 billion in October, with a commitment to ramp up to as much as $2 billion over time. The company also expects to purchase up to $40 million in Polymarket securities from existing holders. • Intercontinental Exchange stock is showing downward bias. What’s next for ICE stock?Prediction Market Funding BoomPrediction markets processed $23.2 billion in volume in February 2026, up over 1,200% year-over-year. On March 30, Polymarket is set to implement taker fees acr ...

Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv NYSE-parent Intercontinental Exchange invests $600 million in Polymarket | Reuters Reporting by Manya Saini in Bengaluru; Editing by Anil D'Silva Our Standards: The Thomson Reuters Trust Principles., opens new tab Purchase Licensing Rights Business India clears military purchase proposals worth $25 billion Worldcategory· March 27, 2026 · 12:01 PM UTC · ago India's defence acquisition council approved proposals wor ...

Kalshi just raised at an 83.5x fee multiple. If you apply even a fraction of that to Polymarket’s projected fees, the platform’s reported $20 billion valuation target starts to look like a discount.A new valuation report from Messari researcher 0xWeiler builds the case from the ground up. Kalshi raised $1 billion at a $22 billion valuation on March 19, led by Coatue Management. With $263.5 million in 2025 fees, that establishes the 83.5x benchmark.0xWeiler’s base case for Polymarket uses a 30x multiple on 2 ...

ARK Invest Adopts Kalshi to Better Inform Investors ARK Invest Adopts Kalshi to Better Inform Investors Share Cathie Wood's investment firm will use Kalshi data to inform investment strategy and request new markets NEW YORK--(BUSINESS WIRE)--ARK Invest, an investment adviser focused solely on disruptive innovation, and Kalshi, the world's largest prediction market, today announced a collaboration to spearhead institutional adoption of prediction markets as a new layer of analytical insight and risk manageme ...

Sen. Adam Schiff (D-CA) and Sen. John Curtis (R-UT) appeared on CNBC to push their Prediction Markets Are Gambling Act, introduced March 23, and they came armed with sound bites.“If it acts like gambling, if it looks like gambling; it is gambling,” Curtis said. “That’s been very clear where that belongs.”The bill would bar any CFTC-registered platform from listing contracts tied to sporting events or athletic competitions. That puts Kalshi and Polymarket squarely in the crosshairs, but the collateral damage ...

Kalshi and Polymarket are unusually backing a new venture, 5(c) Capital, despite their well-known ongoing rivalry in the industry. The fund is being launched by former Kalshi employees to raise $35 million for its first investment vehicle, which will support startups in the prediction market ecosystem. Kalshi and Polymarket CEOs Among Supporters of 5(c) Capital Kalshi CEO Tarek Mansour and Polymarket CEO Shayne Coplan, among other notable investors, are supporting 5(c) Capital, which is focused on develo ...