{"id":872949,"date":"2025-09-14T21:12:28","date_gmt":"2025-09-15T02:12:28","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/09\/14\/polymarket-targets-10b-valuation-amid-plans-for-us-relaunch\/"},"modified":"2025-09-14T21:12:28","modified_gmt":"2025-09-15T02:12:28","slug":"polymarket-targets-10b-valuation-amid-plans-for-us-relaunch","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/09\/14\/polymarket-targets-10b-valuation-amid-plans-for-us-relaunch\/","title":{"rendered":"Polymarket Targets $10B Valuation Amid Plans for US Relaunch"},"content":{"rendered":"<div>\n<div>\n<div>\n<p><img decoding=\"async\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2025\/04\/23090551\/ayan-150x150.jpg\" alt>\n                <\/p>\n<p>Crypto Journalist<\/p>\n<div>\n<p>Amin Ayan<\/p>\n<div>\n<div>\n<p><img decoding=\"async\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2025\/04\/23090551\/ayan-150x150.jpg\" alt>\n            <\/p>\n<p>Crypto Journalist<\/p>\n<p>\n                Amin Ayan                <span><\/span>\n            <\/p>\n<\/p><\/div>\n<div>\n<p>About Author<\/p>\n<p>Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24\/7 Wall St. He has&#8230;<\/p>\n<\/p><\/div>\n<\/div><\/div>\n<\/p><\/div>\n<div>\n<p>Last updated:\u00a0<\/p>\n<p><time datetime=\"2025-09-13T11:28:00+00:00\">September 13, 2025<\/time>\n        <\/p>\n<\/p><\/div>\n<\/div>\n<p><img fetchpriority=\"high\" width=\"1200\" height=\"673\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2025\/09\/13092655\/1757755614-1750837650-image-1750837534065_optimized.jpg\" alt=\"Polymarket Targets $10B Valuation Amid Plans for US Relaunch\" decoding=\"async\"  ><\/p>\n<p>Blockchain prediction market Polymarket is preparing a return to the United States as it eyes a potential $10 billion valuation, according to a <a href=\"https:\/\/www.businessinsider.com\/polymarket-sees-valuation-skyrocket-in-new-funding-round-2025-9\" target=\"_blank\">Friday report by Business Insider<\/a>.<\/p>\n<div>\n<p><strong>Key Takeaways:<\/strong><\/p>\n<ul>\n<li><span>Polymarket is planning a U.S. return and seeking a valuation of up to $10 billion.<\/span><\/li>\n<li><span>The platform gained traction after accurately predicting Trump\u2019s 2024 victory but faced regulatory setbacks.<\/span><\/li>\n<li><span>With CFTC clearance and rising competition from Kalshi, Polymarket is re-entering a heated prediction market race.<\/span><\/li>\n<\/ul>\n<\/div>\n<p>The company is reportedly in discussions to raise new capital that could more than triple its last known valuation of $1 billion in June.<\/p>\n<p>Polymarket allows users to trade outcomes of real-world events without relying on a centralized bookmaker.<\/p>\n<h2><span id=\"h-polymarket-gained-spotlight-after-correctly-predicting-trump-s-2024-victory\">Polymarket Gained Spotlight After Correctly Predicting Trump\u2019s 2024 Victory<\/span><\/h2>\n<p>Polymarket rose to prominence during the 2024 U.S. presidential election, where its markets accurately predicted Donald Trump\u2019s victory, boosting its reputation and user base.<\/p>\n<p>In June, the firm <a href=\"https:\/\/cryptonews.com\/news\/peter-thiels-founders-fund-backs-200m-raise-for-polymarket-at-1b-valuation\/\">was raising $200 million<\/a> in a round led by Peter Thiel\u2019s Founders Fund. But its growth was previously limited by regulatory constraints.<\/p>\n<p>In 2022, Polymarket was forced to exit the US following a settlement with the Commodity Futures Trading Commission (CFTC).<\/p>\n<p>That changed in July when Polymarket <a href=\"https:\/\/cryptonews.com\/news\/polymarket-acquires-derivatives-exchange-qcex-for-112m-to-expand-us-footprint\/\">acquired Florida-based derivatives exchange QCX<\/a>. Last month, QCX received a no-action letter from the CFTC, offering relief from certain regulatory requirements.<\/p>\n<p>Polymarket CEO Shayne Coplan said the letter effectively \u201cgives the platform the green light to go live in the USA.\u201d<\/p>\n<figure><\/figure>\n<p>The move signals a new chapter in the increasingly competitive prediction market space. Rival platform Kalshi is also making headlines, reportedly closing in on a $5 billion funding round after securing $185 million earlier this year in a Paradigm-led raise.<\/p>\n<p>Kalshi\u2019s momentum accelerated after a 2024 court decision allowed it to offer political-event contracts, a ruling the CFTC initially contested but later dropped.<\/p>\n<p>The decision left Kalshi free to operate within the existing framework, giving it a regulatory advantage.<\/p>\n<p>While both platforms have seen user activity decline since the 2024 election cycle, interest appears to be picking up.<\/p>\n<p>The kickoff of the NFL season has reignited market engagement, with Kalshi processing $441 million in trading volume since Week 1.<\/p>\n<h2><span id=\"h-kalshi-sues-nevada-and-new-jersey-over-sports-contract-ban\">Kalshi Sues Nevada and New Jersey Over Sports Contract Ban<\/span><\/h2>\n<p>In March, Kalshi <a href=\"https:\/\/cryptonews.com\/news\/prediction-market-kalshi-sues-nevada-and-new-jersey-over-sports-contract-ban\/\">filed a lawsuit against the Nevada Gaming Control Board<\/a> and the New Jersey Division of Gaming Enforcement, challenging recent cease-and-desist orders that forced the firm to suspend its sports-related contracts in both states.<\/p>\n<p>Kalshi argues that its contracts fall under the regulatory domain of the U.S. Commodity Futures Trading Commission (CFTC), not state-level gaming regulators.<\/p>\n<p>The company maintains that its event contracts function as two-sided swap markets, unlike traditional sports betting models where the house sets and controls the odds.<\/p>\n<p>\u201cPrediction markets are a critical innovation of the 21st century, and like all innovations, they are initially misunderstood,\u201d said Kalshi co-founder Tarek Mansour.<\/p>\n<p>\u201cWe are proud to be the company that has pioneered this technology and stand ready to defend it once again in a court of law.\u201d<\/p>\n<p>The legal dispute also comes on the heels of additional regulatory pressure from Nevada, where officials issued a cease-and-desist order over Kalshi\u2019s election-based contracts.<\/p>\n<p>Recently, the <a href=\"https:\/\/cryptonews.com\/news\/us-cftc-probes-crypto-com-and-kalshi-over-super-bowl-events-contracts-compliance\/\">CFTC announced<\/a> that it is reviewing Super Bowl-related prediction contracts offered by Crypto.com and Kalshi Inc. to determine if they comply with federal derivatives laws.<\/p>\n<p>\n                                    <a href=\"https:\/\/news.google.com\/publications\/CAAqKQgKIiNDQklTRkFnTWFoQUtEbU55ZVhCMGIyNWxkM011WTI5dEtBQVAB?ceid=US:en&#038;oc=3\" target=\"_blank\"><\/p>\n<p>                            <svg width=\"20\" height=\"16\" viewBox=\"0 0 20 16\" fill=\"none\">\n                            <path d=\"M19.6 5.36C19.6 5.48 19.6 5.66 19.54 5.78L17.2 12.8V5.6C17.2 4.94 16.66 4.4 16 4.4H12.82L12.52 3.8L11.86 2.36L15.34 3.32L18.58 4.16C19.18 4.28 19.6 4.82 19.6 5.36Z\" fill=\"#FF4131\" \/>\n                            <path d=\"M15.4 0.799997V3.26L11.92 2.3L11.74 1.88C11.44 1.28 10.72 0.979997 10.12 1.22L4.59998 3.38V0.799997C4.59998 0.499997 4.89998 0.199997 5.19998 0.199997H14.8C15.1 0.199997 15.4 0.499997 15.4 0.799997Z\" fill=\"#03A846\" \/>\n                            <path d=\"M12.82 4.4H4.00002C3.34002 4.4 2.80002 4.94 2.80002 5.6V11.42L0.520024 6.5C0.460024 6.26 0.400024 6.08 0.400024 5.9V5.84C0.400024 5.3 0.700024 4.82 1.24002 4.64L4.60002 3.32L10.06 1.22C10.72 0.979997 11.44 1.28 11.68 1.88L11.86 2.3L12.52 3.74L12.82 4.4Z\" fill=\"#FDBD04\" \/>\n                            <path d=\"M17.2 5.59999V14.6C17.2 15.26 16.66 15.8 16 15.8H4.00005C3.34005 15.8 2.80005 15.26 2.80005 14.6V5.59999C2.80005 4.93999 3.34005 4.39999 4.00005 4.39999H16C16.66 4.39999 17.2 4.93999 17.2 5.59999ZM9.40005 9.79999H7.00005V11H7.90005C7.60005 11.36 7.18005 11.6 6.70005 11.6C5.86005 11.6 5.20005 10.94 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Lupo<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto Journalist Amin Ayan Crypto Journalist Amin Ayan About Author Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24\/7 Wall St. He has&#8230; Last updated:\u00a0 September 13, 2025 Blockchain prediction market Polymarket is preparing a return<\/p>\n","protected":false},"author":1,"featured_media":872950,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[138740,4695],"tags":[],"class_list":{"0":"post-872949","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-polymarket","8":"category-targets"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/872949","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=872949"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/872949\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/872950"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=872949"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=872949"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=872949"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}