Polymarket is considering an offer to raise additional capital, which could value the prediction platform at $9 billion, according to industry insiders familiar with recent investment offers for the platform.
This latest round of investment follows the startup’s valuation at $1 billion in a previous funding round less than three months ago. According to Business Insider, at least one investor has proposed a deal valuing Polymarket at $10 billion.
NEW: POLYMARKET IS RAISING A NEW ROUND THAT COULD AT LEAST TRIPLE ITS VALUATION – “AT LEAST ONE INVESTOR OFFERED A TERM SHEET VALUING THE COMPANY AT AS MUCH AS $10 BILLION” – PER BUSINESS INSIDER SOURCES pic.twitter.com/4W7w9QpSOk
— DEGEN NEWS (@DegenerateNews) September 12, 2025
DISCOVER: Latest Crypto News Today, September 13, 2025
Polymarket Is Flying, Buoyed By the Recent Go-Ahead To Resume Operations In the US
In early September, Polymarket received clearance to resume operations in the United States, following a three-year legal battle with the CFTC (Commodity Futures Trading Commission).
The CFTC announced it would not take enforcement action against QCX LLC or QC Clearing LLC regarding swap reporting and event contract record-keeping requirements. The platform acquired the licensed derivatives exchange operator QCEX in July for $112 million.
In 2022, the Commodity Futures Trading Commission (CFTC) fined Polymarket $1.4 million for providing services without proper registration. The regulator categorized the platform’s activities as facilitating over-the-counter binary options trading. Polymarket faced ongoing issues in the United States until 2024, when it was revealed that the Department of Justice was investigating the prediction platform.
The company was allegedly not meeting its obligations and had failed to restrict access to its services for American clients. As part of the investigation, FBI agents searched the apartment of the platform’s founder and CEO, Shayne Coplan, confiscating a phone and other electronic devices.
In July, Coplan confirmed media reports regarding the conclusion of the Justice Department’s investigation. Additionally, the CFTC dropped all claims against the company.
(SOURCE)
DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025
Polymarket Competitor Kalshi Valued at $5Bn Following Robinhood Integration
Polymarket isn’t the only prediction platform with rumors of multi-billion-dollar funding. Its main competitor, Kalshi, is said to also be close to securing its own lucrative investment, with sources citing a $5 billion valuation. Following its previous funding round a few months ago, the company was valued at $2 billion.
Kalshi operates in the United States as a platform regulated by the CFTC, allowing dollar deposits and following traditional Know Your Customer (KYC) procedures. In contrast, Polymarket is only just beginning to secure a legal presence in the country. This platform utilizes Ethereum’s second-layer network, Polygon, for transactions and settles trades in the stablecoin USDC, while offering anonymous trading options.
In May, Kalshi and the CFTC reached an agreement to resolve a court case, with both parties agreeing to cover their own costs and waiving any mutual claims against each other. The conflict originated in 2024 when the CFTC attempted to block the platform from launching prediction markets related to the outcomes of the U.S. elections scheduled for November.
Kalshi made up 65% of the prediction markets volume last week.
Up from 54% the prior week.
Seems to be absolutely dominating sports (NFL) + great distribution from the Robinhood integration. pic.twitter.com/BSku34qEqI
— Arjun (@neuralunlock) September 9, 2025
Back in March, Kalshi burst onto the scene following an announcement that its platform would be used as the backend for Robinhood’s own prediction platform.
It was announced that Robinhood users would be able to enter contracts based on the outcomes of major global events. Robinhood Vice President Jay B. Mackenzie said at the time that the new feature “will comply with existing regulations.”
Mackenzie stated that the company views prediction markets as an important tool at the intersection of economics, politics, sports, and culture. The prediction market launched at the end of March across the US via the regulated CFTC exchange KalshiEX LLC.
It is integrations with juggernauts such as Robinhood that have led to Kalshi being associated with fresh investment, which would value the firm at $5.5Bn following its $185M funding round from June 2025.
DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025
BONUS: Is Maxi Doge (MAXI) the Next Crypto Project To Hit a Billion-Dollar Valuation?
Maxi Doge (MAXI) is quickly becoming the must-have memecoin as we edge closer to Q4 and the anticipated altcoin season. With Fed rate cuts expected this month, investors and analysts alike are predicting a huge run across the crypto market to close out the year.
This is evidenced in the recent valuations of crypto prediction platforms such as Kalshi and Polymarket, hitting $5 5Bn and $9 9Bn, respectively. With MAXI being marketed at DOGE2.0 and Dogecoin on steroids, it comes as no surprise that investors who missed out on the OG DOGE run are pouring capital into this new iteration.
MAXI just surpassed $2.1M in presale funding, just a few weeks after going live, and with momentum picking up, $5M seems an obvious short-term funding target for the project.
The Maxi Doge ICO is utilizing a price stage presale model, meaning that the price per token increases incrementally throughout the presale, offering investors another way to lock in gains each time the presale moves onto its next price stage.
Right now, MAXI is available for $0.000257, and the website timer is currently showing just over 24 hours until the next stage. Once that timer hits zero, $0.000257 will be a thing of the past, meaning buyers of that stage and before will automatically be up on their investment.
Visit MAXI DOGE HereEXPLORE: Best Meme Coin ICOs to Invest in 2026
Join The 99Bitcoins News Discord Here For The Latest Market Updates
Why you can trust 99Bitcoins
Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.
Weekly Research
100k+Monthly readers
Expert contributors
2000+Crypto Projects Reviewed
