Polymarket is gearing up for a US launch with a potential $10 billion valuation, attracting investor interest in prediction markets and crypto ventures. The decentralized platform, popular during the 2024 US presidential election, gained prominence for accurately predicting Donald Trump’s victory.

Kalshi, a rival prediction platform, is reportedly close to a $5 billion funding round. The company secured $185 million at a $2 billion valuation in June. Recent momentum follows a 2024 court ruling allowing political-event contracts, a decision supported by the CFTC, boosting market activity.

Read more at CoinTelegraph: Polymarket Targets $10B Valuation With US Launch Plans