@yuliaefimova
Polymarket and rival platform Kalshi are both accelerating (https://www.bloomberg.com/news/articles/2025-11-20/kalshi-and-polymarket-battle-gambling-companies-in-prediction-market-frenzy) their global and crypto-focused expansion. Polymarket is working to reopen access for users in the UAE and is reportedly pursuing a new funding round at a valuation above $12 billion. Kalshi, on the other hand, is capitalizing on its U.S. regulatory approval to strengthen its position in the compliant prediction market sector, and is presently valued at around $10 billion.