Kalshi and Polymarket Political Donations Top $5 Million Ahead of US Midterms

Kalshi and Polymarket have donated $5 million to US political groups ahead of the 2026 midterms as regulatory scrutiny grows. Prediction market giants Kalshi and Polymarket are becoming more involved in US politics ahead of midterm elections. These platforms and their founders have reportedly donated about $5 million to political groups from both major parties. According to a Reuters report , Kalshi and Polymarket, two major prediction market platforms, have increased their connections with US politics. Ahead of the US midterm elections, they have donated about $5 million to support both Republicans and Democrats.