Wall Street eyes $20 billion valuations for Polymarket and Kalshi: How Iran war bets triggered Washington’s 2026 crackdown

Polymarket and Kalshi are trying to raise money at valuations that put them in the top tier of consumer-fintech names, even as Washington moves closer to writing new rules for the product they sell. Both companies are reportedly in early fundraising talks that could value each at around $20 billion. That fundraising chatter is taking […] The post Wall Street eyes $20 billion valuations for Polymarket and Kalshi: How Iran war bets triggered Washington’s 2026 crackdown appeared first on CryptoSlate.