2 changed files with 0 additions and 4 deletions
--- a/entities/internet-finance/kalshi.md
+++ b/entities/internet-finance/kalshi.md
@ -55,8 +55,6 @@ CFTC-designated contract market for event-based trading. USD-denominated, KYC-re
 - **2026-03-16** — Federal Reserve Board paper validates Kalshi prediction market accuracy, showing statistically significant improvement over Bloomberg consensus for CPI forecasting and perfect FOMC rate matching
 - **2026-03-23** — CEO Tarek Mansour co-founded [[5cc-capital]] with Polymarket CEO Shayne Coplan, creating dedicated VC fund for prediction market infrastructure
 - **2026-03-19** — Raised funding at $22 billion valuation
- **2026-03-26** — Trading at $110M monthly revenue with $18.6B pre-IPO valuation
- **2026-03-26** — Operating at $110M/month revenue with $18.6B pre-IPO valuation, establishing benchmark for prediction market valuations.
 ## Competitive Position
 - **Regulation-first**: Only CFTC-designated prediction market exchange. Institutional credibility.
 - **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.
--- a/entities/internet-finance/polymarket.md
+++ b/entities/internet-finance/polymarket.md
@ -51,8 +51,6 @@ Crypto-native prediction market platform on Polygon. Users trade binary outcome
 - **2026-01-XX** — Targeting $20B valuation alongside Kalshi as prediction market duopoly emerges
 - **2026-03-23** — CEO Shayne Coplan co-founded [[5cc-capital]] with Kalshi CEO Tarek Mansour, creating dedicated VC fund for prediction market infrastructure
 - **2026-03-07** — Reportedly seeking $20 billion valuation with confirmed $POLY token and airdrop plans
- **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
- **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.
 ## Competitive Position
 - **#1 by volume** — leads Kalshi on 30-day volume ($8.7B vs $6.8B)
 - **Crypto-native**: USDC on Polygon, non-custodial, permissionless market creation