New Delhi, July 4 -- Opinion trading markets, also known as Prediction Markets, are platforms that allow users to trade on the outcomes of real-world events, and they are rapidly gaining traction globally. These platforms enable participants to trade on the probability of a wide range of outcome-driven events, from economic data releases and election results to sports outcomes and box-office collections.

In the United States, platforms like Polymarket and Kalshi have emerged as leaders in this space, attracting millions of users and a roster of marquee investors.

According to a Reuters report, Polymarket is reportedly in talks to raise USD 200 million in a new funding round that would value the company at more than USD 1 billion. The ro...