Deep Tide TechFlow news, on October 14, according to The Block, the prediction market platforms Kalshi and Polymarket recorded a total trading volume of $1.44 billion in September.

Both platforms recently announced a new round of financing. Polymarket raised $2 billion from ICE, with a valuation of $9 billion; Kalshi secured $300 million in financing, with a valuation of $5 billion.

In September, Kalshi captured 60% of the peak market share, which marks a significant reversal from earlier this year when Polymarket dominated trading activity.