In accordance with TechFlow, on December 9, Kalshi CEO Tarek Mansour stated in a podcast that the competition with rival Polymarket is pushing both companies to work harder. Mansour likened the rivalry to sports icons such as NFL quarterbacks Tom Brady and Eli Manning, and football stars Lionel Messi and Cristiano Ronaldo. He emphasized that the competition is driving innovation and growth in the industry, ultimately benefiting customers. Kalshi, founded in 2018, recently partnered with CNN and CNBC and raised $10 billion at a $110 billion valuation. Polymarket, founded in 2020, has a valuation of $135 billion as of November.
Kalshi CEO Compares Competition with Polymarket to Sports Rivalries
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