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Prediction Markets Surge 130x in Two Years, Reaching $13B Monthly Volume

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Prediction markets saw trading volume jump 130x in two years, hitting $13 billion monthly in November 2025. Platforms like Polymarket and Kalshi led the surge, fueled by bets on sports, politics, and economic events. Kalshi raised $1 billion at a $110 billion valuation, while Polymarket secured $20 billion from Intercontinental Exchange and gained CFTC approval. Price prediction data from both platforms now appears on Google Finance, as Kalshi partners with CNN and CNBC.
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