Summary:
The CEOs of Kalshi and Polymarket, two fierce competitors in the prediction market space, are joining forces to back a new $35M predictions markets venture capital fund called 5(c) Capital. This fund will support startups contributing to the rapid growth of the prediction markets sector.
Bullet points:
– CEOs of Kalshi and Polymarket come together to support a $35M predictions markets VC fund called 5(c) Capital.
– The fund aims to back startups that are driving the expansion of the prediction markets industry.
– This collaboration demonstrates a strategic move by competing companies to invest in the collective growth of the prediction markets space.
Read full article: https://techcrunch.com/2026/03/23/despite-bitter-rivalry-kalshi-polymarket-ceos-back-35m-predictions-markets-vc-fund/