Summary:
Kalshi and Polymarket CEOs join forces to support a $35 million VC fund focused on prediction markets, despite their intense competition in the industry.
Bullet Points:
– A new VC firm named 5(c) Capital is established to invest in startups advancing the prediction markets sector.
– Kalshi and Polymarket CEOs, typically fierce rivals, are collaborating to support the growth and development of prediction markets.
– The fund aims to nurture and foster innovation in the expanding prediction markets industry.
Read full article: https://techcrunch.com/2026/03/23/despite-bitter-rivalry-kalshi-polymarket-ceos-back-35m-predictions-markets-vc-fund/