Summary:
The CEOs of Kalshi and Polymarket are supporting a new $35M predictions markets VC fund named 5(c) Capital, despite their existing rivalry in the industry. The fund aims to invest in startups that contribute to the growth of prediction markets.
Bullet Points:
– Kalshi and Polymarket CEOs are backing the $35M predictions markets VC fund called 5(c) Capital.
– The fund will support startups in the prediction markets sector which is experiencing significant growth.
– This collaboration comes despite the fierce competition between Kalshi and Polymarket in the industry.
Read full article: https://techcrunch.com/2026/03/23/despite-bitter-rivalry-kalshi-polymarket-ceos-back-35m-predictions-markets-vc-fund/