Polymarket Eyes a $10B Valuation as US Relaunch Kicks Off

[bonk]

Polymarket’s US relaunch could rapidly turn into one of the biggest valuation jumps in prediction-market history.

Industry analysts estimate that Polymarket may reach a $10 billion valuation once its US services fully reopen — especially in a cycle where prediction platforms are seeing explosive user growth.

Its relaunch announcement lands just as rival platform Kalshi secured $1B in new funding at an $11B valuation, intensifying competition between the two biggest names in the prediction-market space.

2024’s surge in election-related and geopolitical betting has created a booming environment where both platforms are racing to dominate.

[Abdul Khan]

Sports betting is a smart entry point for a US comeback.

[Nahid Hossen]

The relaunch might be the catalyst Polymarket needed.