Are Polymarket and Kalshi publicly traded?
No, neither Polymarket nor Kalshi are publicly traded companies. Polymarket is a Private company that has raised multiple funding rounds.
's 1789 Capital. Kalshi is a Private company valued at $22B as of March 2026, raised $1B in a funding round in early 2026 doubling its previous valuation, and is backed by various venture capital firms. Neither company has conducted an IPO (Initial Public Offering) and both remain privately held.
Users cannot buy shares on public stock exchanges like the NYSE or NASDAQ.