预测市场平台Kalshi的私人估值在短短几周内实现翻倍，仅本季度就有超过13亿美元的新增承诺资本注入。上周，这家初创公司在红杉资本（Sequoia）和CapitalG领投的一轮融资中，以110亿美元估值筹集了10亿美元；而就在10月，该公司才刚刚完成一轮D轮融资——当时估值为50亿美元，融资金额3亿美元。

　　显然，Kalshi正陷入与竞争对手Polymarket的融资竞赛中。有消息称，Polymarket正计划以120亿至150亿美元的估值寻求新一轮融资。

　　私人估值之所以能快速上调，可能是多重因素共同作用的结果。

　　首先是监管路径愈发清晰：Kalshi已是美国商品期货交易委员会（CFTC）监管下的交易所，而Polymarket也正通过持牌衍生品平台推进重返美国市场的进程。

　　此外，两家平台的交易量和未平仓合约（OI）等核心营收指标均实现强劲增长。对Polymarket而言，即将推出的POLY代币及空投计划更增添了一层投机性需求，而私募投资者显然愿意为这种需求买单。

海量资讯、精准解读，尽在新浪财经APP

责任编辑：陈钰嘉

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.