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In 2025, fintech venture funding rose 25% to $55.94 billion, with prediction markets like Polymarket and Kalshi leading the charge. They secured $3.71 billion in funding, making them the largest US rounds of the year and among the top globally, driven by growing interest in online betting.
Kalshi, a prediction market platform, has raised $1 billion at an $11 billion valuation, following a previous $300 million round. The company competes with Polymarket and allows users to bet on various future events, while navigating legal challenges related to gambling regulations.