Rivals in Prediction Markets Unite Through $35M VC Fund Investment

Despite being competitors in the prediction market space, CEOs of Kalshi and Polymarket are backing the same $35 million venture capital fund. The move underscores rising institutional interest in prediction markets as tools for forecasting geopolitical and macroeconomic risks.

• Kalshi and Polymarket CEOs are investing in the same $35 million VC fund
• The fund is focused on prediction market technology
• Both companies are competitors in the prediction market space
• The investment signals growing institutional confidence in prediction markets
• The fund’s launch coincides with elevated market volatility (SPX, ^VIX)
• Rival CEOs are collaborating to strengthen the prediction market ecosystem