Kalshi and Polymarket Explore Fundraising Opportunities Valued at $20 Billion: Report

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The recently unveiled National Cyber Strategy by US President Donald Trump delineates federal initiatives aimed at bolstering the security of cryptocurrencies and blockchain technologies, including safeguards against potential threats from quantum computing.

Key Takeaways:

  • Kalshi and Polymarket are considering fundraising efforts that could value each platform at approximately $20 billion.
  • This prospective valuation represents a significant increase from their most recent funding rounds, which valued Kalshi at $11 billion and Polymarket at $9 billion.
  • The swift expansion of prediction markets is drawing investor attention, even amid increasing regulatory scrutiny.

The strategy, released on Friday by the White House, asserts that the administration aims to maintain the United States’ position as “unrivaled in cyberspace.”

The document underscores the importance of secure digital infrastructure and stresses that Americans should take measures to protect their online activities while the government enhances broader cybersecurity measures.

Trump Cyber Strategy Highlights Crypto and Blockchain Security

Within this context, the strategy places a particular emphasis on emerging technologies associated with the digital asset sector.

The document indicates that the administration intends to “develop secure technologies and supply chains that safeguard user privacy from design to deployment,” while also bolstering the security of cryptocurrencies and blockchain systems.

The strategy further advocates for the advancement of post-quantum cryptography, which consists of encryption systems designed to endure attacks from future quantum computers, along with the creation of secure quantum computing technologies.

The reference to arises as discussions intensify within the digital asset sector regarding the preparedness of major blockchain networks for a future where quantum machines could potentially compromise current encryption techniques.

Although quantum computers are still largely in the experimental phase, researchers have cautioned that sufficiently advanced versions could eventually breach the cryptographic systems utilized by Bitcoin and other blockchains.

This scenario would necessitate networks transitioning to new encryption standards capable of withstanding quantum assaults.

President Trump is addressing cybercrime & fraud by employing every available resource to thwart foreign-backed networks that exploit Americans through cyber-enabled fraud & extortion. Kalshi and Polymarket Explore Fundraising Opportunities Valued at $20 Billion: Report0 pic.twitter.com/B2MuZEmTeP

— The White House (@WhiteHouse) March 6, 2026

Other initiatives have begun to actively investigate upgrades. Ethereum co-founder Vitalik Buterin proposed a “quantum roadmap” earlier this year, aimed at preparing the blockchain for a future where quantum computing could jeopardize existing cryptographic safeguards.

Trump’s cybersecurity strategy coincides with other policy measures affecting the digital asset sector.

On the same day the strategy was unveiled, the president enacted an executive order aimed at combating cybercrime, as part of a broader initiative to enhance the nation’s digital defenses.

Trump Expands Pro-Crypto Agenda With Bitcoin Reserve and CBDC Ban

Since resuming office, Trump has undertaken several actions aimed at redefining US crypto policy. Last year, he sanctioned the establishment of a strategic Bitcoin reserve managed by the federal government.

This reserve currently holds Bitcoin obtained through criminal cases, and the administration has not indicated intentions to acquire further assets.

Previous executive actions also encompassed a comprehensive review of digital asset policy and a ban on the development of US central bank digital currencies, reflecting the administration’s opposition to government-issued digital money.

Meanwhile, Trump has escalated pressure on Jerome Powell, including threats of a criminal investigation, yet the Federal Reserve has maintained steady interest rates, citing robust growth and persistently high inflation.

Powell refrained from commenting on the investigation and defended the Fed’s autonomy, cautioning that politicizing monetary policy could undermine the institution’s credibility.

As reported, Bitcoin has lost approximately 25,000 millionaire addresses in the year since Donald Trump returned to the White House, despite a shift in US policy towards a more crypto-friendly approach.

Blockchain data indicates that the number of addresses holding at least $1 million in has decreased by about 16% year over year, suggesting that regulatory optimism has not resulted in sustained growth of on-chain wealth.

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