According to a report from The Information dated April 20, 2026, prediction market platform Polymarket is in talks for a new funding round of $400 million at an estimated valuation of about $15 billion. At the same time, competing platform Kalshi is also reportedly in a funding round discussion stage with a valuation nearing $20 billion, though the specific terms of the financing have not yet been publicly disclosed.
Polymarket Funding Round Details
According to The Information, the target amount for Polymarket’s current funding round is $400 million, with a negotiation valuation of roughly $15 billion, and the final terms are still pending.
Regarding Polymarket’s platform trading volume, based on the data cited in the article, Polymarket’s weekly nominal trading volume is about $1.9 billion, Kalshi’s weekly nominal trading volume is about $1.87 billion, and trading on both platforms is spread across thousands of markets covering sports, politics, popular culture, and corporate events, among others.
Status of Major Tech Company IPO Contracts
Based on the current publicly available data on the Polymarket platform, the following are some of the market-implied probabilities for active contracts:
OpenAI IPO: The market-implied probability of completing an initial public offering by December 31, 2026 is 40%
SpaceX IPO (June): The market-implied probability is 52%
SpaceX IPO (September): The market-implied probability is 85%
These contracts allow users to trade the outcome of specific events in the form of “Yes” or “No” stocks, with final settlement based on official announcements and reliable news sources. OpenAI recently completed a $122 billion funding round, reaching a valuation of $852 billion and generating monthly revenue of about $2 billion; the above platforms all have contract markets tracking related corporate events.
Frequently Asked Questions
What are the size and valuation of Polymarket’s funding round this time?
According to a report from The Information dated April 20, 2026, Polymarket is in talks for a new funding round of $400 million at an estimated valuation of about $15 billion. The discussions are still ongoing, and the final terms have not yet been publicly disclosed.
What market probabilities for major tech company IPOs does Polymarket currently show?
Based on the current publicly available data on the Polymarket platform, OpenAI’s market-implied probability of going public before December 31, 2026 is 40%; SpaceX’s probability of going public in June is 52%, and in September is 85%.
How much are Polymarket’s and Kalshi’s weekly nominal trading volumes, respectively?
Based on the data cited in the article, Polymarket’s weekly nominal trading volume is about $1.9 billion, Kalshi’s is about $1.87 billion. Trading on both platforms is spread across thousands of markets covering sports, politics, and corporate events, among others.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Kalshi Faces Supreme Court Battle as Inflation Volatility Fuels Prediction Market Hedging Demand
Kalshi and Polymarket face a potential Supreme Court showdown over the legality of prediction markets as inflation rises and stock markets hit record highs. The outcome may redefine how traders hedge economic risks amid conflicting court rulings on their operations.
GateNews15h ago
Polymarket Seeks $400M in New Funding at $15 Billion Valuation
Polymarket is seeking an additional $400 million in funding after raising $600 million at a $15 billion valuation, which has increased from $9 billion last year. Despite this growth, it still lags behind competitor Kalshi Inc.'s $22 billion valuation.
GateNews15h ago
Kevin Warsh 成首位「Tech Bro」Fed 主席提名人：AI 樂觀派、持 SpaceX 與 Polymarket 股份
Kevin Warsh, nominated by Trump, becomes the first “Tech Bro” Fed chair, closely connected with Silicon Valley giants, and argues that AI can reduce inflation and supports an accommodative monetary policy. His Silicon Valley background could influence the Fed’s interest-rate decisions; expectations for the crypto market are positive, but the risk of conflicts of interest also needs to be considered. His appointment process and future policy direction will affect the U.S. Dollar Index and valuations of Taiwan stocks.
ChainNewsAbmedia19h ago
Major CEX Launches Event Contracts For Short-Term BTC And ETH Price Trading
A global exchange has launched Event Contracts, allowing users to bet on Bitcoin and Ethereum price movements over set timeframes. This simplified trading option features low costs and automatic settlement, aimed at easing short-term investment strategies.
GateNews23h ago
Polymarket Raises $400M at $15B Valuation With Intercontinental Exchange Support
Polymarket is seeking to raise $400 million at a $15 billion valuation, adding to a $600 million investment from Intercontinental Exchange. This funding aims to enhance infrastructure and liquidity for its event-based trading platform, amid ongoing debates over its valuation and market potential.
GateNews04-20 06:51
Charles Schwab Explores Prediction Markets Tied to Financial Events Amid Regulatory Scrutiny
Charles Schwab is considering introducing prediction markets for financial events amid growing Wall Street interest, while maintaining a focus on wealth management. Regulatory scrutiny is increasing, especially regarding sports and entertainment wagers, highlighted by recent legislation and concerns over insider trading and market manipulation.
GateNews04-20 06:01
