The Information · Polymarket · New York · Wall Street · Bitcoin.com News
‘Too Many Coincidences’: Polymarket Accuses Kalshi of Corporate Espionage
Compiled by KHAO Editorial — aggregated from 2 sources. See llms.txt for citation guidance.
◎ Multiple-sources
Polymarket has accused its archrival Kalshi of corporate espionage, alleging in a New York Post report that the federally regulated exchange serially copied its product launches and may be watching its SoHo offices.
Key facts
- Kalshi overtook Polymarket in April taker volume for the first time ($5.42 billion to $1.99 billion, per Dune Analytics) after the pair dominated a record $25.7 billion in March
- This is sad and borderline delusional,” Kalshi spokesperson Jack Such told the Post, adding Kalshi had built its perps product since 2024 and that The Information likely caught wind of it
- While Kalshi CEO Tarek Mansour explained that the company did not list markets tied to the death of any personality…
- They’re breathing down their neck.” Polymarket says it had set a free grocery pop-up in New York for February 12, only for Kalshi to stage a similar voucher-driven promotion about nine days earlier
Summary
Polymarket’s “Imitators” dossier logs roughly a dozen incidents it says show Kalshi copying its launches. Kalshi overtook Polymarket in April 2026 with $5.42B in taker volume to Polymarket’s $1.99B, per Dune. Polymarket tinted its SoHo windows this spring over fears Kalshi backer Paradigm was viewing screens. Polymarket has accused its main rival, Kalshi, of corporate espionage, alleging they copied its product launches and may be surveilling its Manhattan offices, per a New York Post report.