entity-batch: update 2 entities
- Applied 2 entity operations from queue - Files: entities/internet-finance/kalshi.md, entities/internet-finance/polymarket.md Pentagon-Agent: Epimetheus <968B2991-E2DF-4006-B962-F5B0A0CC8ACA>
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@ -57,6 +57,7 @@ CFTC-designated contract market for event-based trading. USD-denominated, KYC-re
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- **2026-03-19** — Raised funding at $22 billion valuation
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- **2026-03-19** — Raised funding at $22 billion valuation
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- **2026-03-26** — Trading at $110M monthly revenue with $18.6B pre-IPO valuation
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- **2026-03-26** — Trading at $110M monthly revenue with $18.6B pre-IPO valuation
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- **2026-03-26** — Operating at $110M/month revenue with $18.6B pre-IPO valuation, establishing benchmark for prediction market valuations.
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- **2026-03-26** — Operating at $110M/month revenue with $18.6B pre-IPO valuation, establishing benchmark for prediction market valuations.
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- **2026-03-23** — CEO Tarek Mansour co-founded [[5cc-capital]] with Polymarket CEO, creating first prediction market sector VC fund
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## Competitive Position
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## Competitive Position
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- **Regulation-first**: Only CFTC-designated prediction market exchange. Institutional credibility.
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- **Regulation-first**: Only CFTC-designated prediction market exchange. Institutional credibility.
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- **vs Polymarket**: Different market — Kalshi targets mainstream/institutional users who won't touch crypto. Polymarket targets crypto-native users who want permissionless market creation. Both grew massively post-2024 election.
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- **vs Polymarket**: Different market — Kalshi targets mainstream/institutional users who won't touch crypto. Polymarket targets crypto-native users who want permissionless market creation. Both grew massively post-2024 election.
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@ -54,6 +54,7 @@ Crypto-native prediction market platform on Polygon. Users trade binary outcome
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- **2026-03-26** — Projected 30-day revenue jumped from $4.26M to $172M through fee expansion from ~0.02% to ~0.80% across Finance, Politics, Economics, Sports markets
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- **2026-03-26** — Projected 30-day revenue jumped from $4.26M to $172M through fee expansion from ~0.02% to ~0.80% across Finance, Politics, Economics, Sports markets
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- **2026-03-26** — Projected revenue jump from $4.26M to $172M/month at 0.80% fees across expanded verticals. Projected valuation at $15.77B based on revenue multiples comparable to Kalshi.
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- **2026-03-26** — Projected revenue jump from $4.26M to $172M/month at 0.80% fees across expanded verticals. Projected valuation at $15.77B based on revenue multiples comparable to Kalshi.
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- **2026-03-26** — Projected 30-day revenue jumped from $4.26M to $172M through fee expansion from ~0.02% to ~0.80% across Finance, Politics, Economics, Sports categories
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- **2026-03-26** — Projected 30-day revenue jumped from $4.26M to $172M through fee expansion from ~0.02% to ~0.80% across Finance, Politics, Economics, Sports categories
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- **2026-03-23** — CEO Shayne Coplan co-founded [[5cc-capital]] with Kalshi CEO, creating first prediction market sector VC fund
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## Competitive Position
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## Competitive Position
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- **#1 by volume** — leads Kalshi on 30-day volume ($8.7B vs $6.8B)
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- **#1 by volume** — leads Kalshi on 30-day volume ($8.7B vs $6.8B)
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- **Crypto-native**: USDC on Polygon, non-custodial, permissionless market creation
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- **Crypto-native**: USDC on Polygon, non-custodial, permissionless market creation
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