According to @nic__carter, the prediction market sector is heating up as two key players, Polymarket and Kalshi, have reportedly achieved $1 billion unicorn valuations. Kalshi, a federally regulated platform, raised over $100 million in a round led by crypto-focused VC firm Paradigm, as reported by Bloomberg. In a parallel move, blockchain-based Polymarket is reportedly raising $200 million in a round led by Peter Thiel's Founders Fund, according to The Information. For traders, key metrics show a competitive landscape: Polymarket currently leads in active trading volume with nearly $600 million compared to Kalshi's $113 million, based on data from Kalshi's API. Furthermore, a Dune dashboard indicates Polymarket has around 186,000 active traders. Polymarket's potential future token launch, previously reported by The Information, remains a significant point of interest for crypto investors evaluating the platform's ecosystem.