- Updated: March 24, 2026
- 2 min read
Kalshi and Polymarket CEOs Back $35M Prediction‑Market VC Fund Amid Rivalry
Kalshi and Polymarket CEOs Back $35M Prediction‑Market VC Fund Amid Rivalry
In a surprising show of unity, the CEOs of rival prediction‑market platforms Kalshi and Polymarket have each pledged a portion of a new $35 million venture‑capital fund focused on building the next generation of prediction‑market infrastructure. The fund, named 5(c) Capital, aims to back roughly 20 early‑stage companies that can strengthen the ecosystem for regulated and decentralized markets.
High‑profile backers such as Marc Andreessen, Ribbit Capital, and other fintech investors have already committed capital, signaling strong confidence in the sector’s growth potential. The fund’s strategy is to provide both financial resources and strategic guidance to startups tackling challenges like market liquidity, compliance, and user experience.
Kalshi, which recently raised a $1 billion round at a $22 billion valuation, and Polymarket, poised for a new financing round that could push its valuation to $20 billion, are leveraging their deep market expertise to help shape the fund’s investment thesis. While the two platforms have historically competed for market share, their joint involvement underscores a broader industry trend: collaboration to address shared regulatory and technical hurdles.
For readers interested in the broader implications of this partnership, see our related pieces on prediction‑market trends and the future of regulated fintech. Stay tuned for updates as the fund begins deploying capital and the ecosystem evolves.
Read the full story on TechCrunch for additional details.