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Messari releases valuation report on Polymarket, with a valuation of up to $100 billion
Golden Finance reports that on March 28, Messari released a valuation report on Polymarket, estimating a valuation as high as $100 billion in an optimistic scenario. Polymarket had previously sought $20 billion in funding. Kalshi has just completed a $22 billion financing round. The funding competition is still ongoing. In just February, the trading volume of the prediction market reached $23.2 billion, a year-over-year increase of 1218%. The trading volume for the NFL increased by 68% month-over-month, rising from $6.2 billion to $10.5 billion. It will be worth watching how market revenue will soar when trading fees officially go live in two days. The complete analysis report is worth reading.