Polymarket is on a funding tear, aiming for a valuation over $20 billion—up from $15 billion just months ago—after launching its U.S. exchange to the public and hitting $1.2B in annual revenue. Daily trading volume soars past $100M in the U.S. and $150M internationally, fueling investor confidence. But with rival Kalshi eyeing a $40B valuation, the race is heating up. Meanwhile, Polymarket faces regulatory scrutiny from the CFTC over social media promotions, forcing a content audit to stay compliant.
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