Polymarket Reportedly Seeking $50M Funding, Token Analyzes As Election Bets Rise

The startup’s runaway success this year has been a sore point for Kalshi, a regulated dollar-denominated prediction market that has waged a protracted legal battle with its regulator, the U.S. Commodity Trading Commission, so that may list the contracts that party will control. each house of Congress. The agency has considered a proposed rule that would ban contracts for election events at all of the exchanges it oversees, which would push regulation of such activity to the states.