Polymarket and Kalshi Lead Prediction Market Surge

Key Points:
  • Polymarket and Kalshi’s high trading volumes mark their market dominance.
  • Polymarket speculates on a potential new token launch.
  • Kalshi achieves $300 million in new funding.

In October 2025, Polymarket and Kalshi saw significant activity in the prediction market sector, reporting volumes of $1.9 billion and $1.8 billion respectively, driven by substantial funding and user engagement.

These movements signal growing institutional acceptance of prediction markets as transformative financial tools, with implications for DeFi adoption and risk management strategies in the broader crypto ecosystem.

Polymarket and Kalshi have emerged as leaders in the prediction market sector. In October 2025, they reported nominal volumes of $1.9 billion and $1.8 billion, respectively. These figures underscore their industry influence and growing user engagement.

Polymarket, led by Shayne Coplan, is speculated to launch a POLY token. Kalshi, co-founded by Tarek Mansour and Luana Lopes Lara, secured $300 million in funding, signaling robust financial backing. Both companies aim to enhance their platforms.

Consequences for the Financial Sector

The prediction market surge has significant implications for cryptocurrency and traditional finance sectors. High volumes reflect increased investor interest and confidence. As key players, Polymarket and Kalshi drive innovation in event prediction and market analysis.

Financial impacts include institutional adoption and strategic funding. Kalshi’s $300 million funding round elevates its valuation to $50 billion. Regulatory advancements, such as Kalshi’s CFTC designation, position these platforms for mainstream success and user growth.

Leveraging Technology and Regulatory Advancements

Both companies leverage blockchain technology and compliance to optimize market operations. Polymarket utilizes Polygon (MATIC) for transaction efficiency, while Kalshi focuses on regulatory alignment with USD-backed trades. Their strategies address past constraints faced by earlier platforms.

Insights indicate potential for further growth and regulatory clarity in the prediction market sector. If Polymarket launches the POLY token, it could influence MATIC and ETH markets. Ongoing developments continue to shape the industry outlook and investor strategies.

Kalshi would be featured on ‘every major crypto app and exchange’ within the next 12 months. — John Wang, Head of Cryptocurrency, Kalshi, Interview, Singapore Token2049, October 2025

Otto Bergmanr

Otte Bergmar is a crypto journalist covering Scandinavian and European blockchain markets, with a focus on decentralisation, privacy, and the AI–crypto interface. He reports on Web3 startups, market structure, and EU policy; from licensing regimes to consumer protection and cross-border compliance. At TokenTopNews, Otte transforms policy drafts, regulatory disclosures, and on-chain data into actionable, decision-ready insights, helping readers understand how regulation influences blockchain adoption across Europe.