TOTAL VOLUME:
$114.5b
24H VOL:
$149,897,520
24H TRANSACTIONS:
1,380,975,298
OPEN INTEREST:
$1,214,596,905
340,805
Markets across
34,373
events
MATCHED EVENTS:
4,679
PLATFORM COVERAGE:
5
Polymarket:
42%
VS.
Kalshi:
58%
$
This event group tracks whether ByteDance's private market valuation will reach specified thresholds by December 31, 2026. Markets are listed on Polymarket with valuation targets ranging from $300B (low) to $1.5T (high), measured via Nasdaq Private Market (NPM) pricing data or public market capitalization following any IPO/direct listing.
This market will resolve to "Yes" if ByteDance's private market valuation, as measured by the NPM Price reported by Nasdaq Private Market, LLC (NPM) for any date between market creation and December 31, 2026, reaches or exceeds the listed amount. Otherwise, this market will resolve to "No". NPM Prices are published for trading days only and are updated once daily at 1:00 PM ET on the following calendar day. If NPM has not published relevant data for all business dates in the specified period by 1:00 PM ET on January 1, 2027, this market may remain open until 11:59 PM ET on January 4, 2027. If no further data is released by that time, the market will resolve according to the data available. If NPM ceases publishing relevant data prior to the end of the specified period, this market will resolve based on the NPM data published for the period prior to the cessation of coverage, as well as any applicable public market capitalization data following an IPO or direct listing. If the company completes an IPO or direct listing before the end of the specified period, this market will consider, in addition to the relevant NPM valuations published between market creation and the IPO or direct listing date, the valuation implied by the official IPO or direct listing price, and the company’s public market capitalization between the IPO or direct listing date and the end of the specified period. Public market capitalization will be determined using the highest/lowest official regular-hours trading price published for the company’s primary listed common equity on its primary exchange for any trading day during the specified period, multiplied by the company’s total outstanding common shares at the relevant time. If the listed company merges with or acquires another entity and remains the parent company, no change to resolution methodology applies. If the listed company is acquired, merges into another entity and is no longer the surviving parent company, or otherwise ceases to exist as an independent entity prior to the end of the period, only NPM valuations and applicable public market capitalizations achieved prior to completion of the transaction will be considered for resolution. No transaction, acquisition, or merger consideration will be considered for resolution. The resolution source for this market is NPM data published here: (https://fe.secondmarket.com/companies/company-f364d2ab-34b7-48c9-a2b7-af62da804953/data). The resolution source for any period following an IPO, direct listing, or relevant corporate action, will be official exchange trading data and publicly reported share counts. Revisions to previously published NPM data made after their initial release will not be considered, unless made to correct clearly erroneous data.
This market will resolve to "Yes" if Anthropic's private market valuation, as measured by the NPM Price reported by Nasdaq Private Market, LLC (NPM) for any date between market creation and December 31, 2026, reaches or exceeds the listed amount. Otherwise, this market will resolve to "No". NPM Prices are published for trading days only and are updated once daily at 1:00 PM ET on the following calendar day. If NPM has not published relevant data for all business dates in the specified period by 1:00 PM ET on January 1, 2027, this market may remain open until 11:59 PM ET on January 4, 2027. If no further data is released by that time, the market will resolve according to the data available. If NPM ceases publishing relevant data prior to the end of the specified period, this market will resolve based on the NPM data published for the period prior to the cessation of coverage, as well as any applicable public market capitalization data following an IPO or direct listing. If the company completes an IPO or direct listing before the end of the specified period, this market will consider, in addition to the relevant NPM valuations published between market creation and the IPO or direct listing date, the valuation implied by the official IPO or direct listing price, and the company's public market capitalization between the IPO or direct listing date and the end of the specified period. Public market capitalization will be determined using the highest/lowest official regular-hours trading price published for the company's primary listed common equity on its primary exchange for any trading day during the specified period, multiplied by the company's total outstanding common shares at the relevant time. If the listed company merges with or acquires another entity and remains the parent company, no change to resolution methodology applies. If the listed company is acquired, merges into another entity and is no longer the surviving parent company, or otherwise ceases to exist as an independent entity prior to the end of the period, only NPM valuations and applicable public market capitalizations achieved prior to completion of the transaction will be considered for resolution. No transaction, acquisition, or merger consideration will be considered for resolution. The resolution source for this market is NPM data published here: (https://fe.secondmarket.com/companies/company-3e197763-4ff8-4d8c-bd1f-cc2792937757/data). The resolution source for any period following an IPO, direct listing, or relevant corporate action, will be official exchange trading data and publicly reported share counts. Revisions to previously published NPM data made after their initial release will not be considered, unless made to correct clearly erroneous data.
Prediction markets like this one often diverge from Wall Street consensus because traders incorporate forward-looking sentiment, geopolitical risk, and regulatory uncertainty in real time. While traditional analysts publish periodic reports based on historical data and company guidance, prediction markets update continuously as new information emerges. This market's odds reflect aggregated trader conviction rather than a single firm's valuation model, making it a complementary signal to institutional research. The crowd-sourced nature of pricing can sometimes lead markets to move faster than formal analyst revisions.
Polymarket and Predict can show different implied probabilities for the same outcome because of liquidity, fee structure, participant mix, and how each venue defines the contract. Each platform operates under distinct liquidity pools, user bases, and fee structures, which can create temporary price gaps. Polymarket and Predict may attract traders with different risk tolerances, time horizons, and information sets. Arbitrage opportunities between the two venues are often limited by withdrawal delays, platform-specific rules, and trading costs, allowing spreads of 53.0 percentage points to persist. Over time, informed traders typically exploit these gaps, but short-term divergence is normal and reflects the decentralized nature of prediction markets.
This market resolves around Jan 1, 2027, with the outcome confirmed once ByteDance's valuation is verifiable from credible public reporting. The resolution hinges on whether the company's enterprise value meets or exceeds the specified threshold at that time. Traders should monitor company announcements, funding rounds, secondary market transactions, and credible financial news sources leading up to the deadline. Once the event is settled, positions are automatically closed and winnings distributed to holders of the correct outcome.
Major catalysts include ByteDance funding announcements, regulatory developments affecting its operations or valuation, changes in TikTok's legal status across key markets, and shifts in comparable company multiples. Earnings or user growth milestones, executive leadership changes, and geopolitical tensions involving China can all trigger rapid repricing. Secondary market transactions or insider commentary on valuation also influence trader sentiment. Monitoring tech industry news, regulatory filings, and ByteDance's official statements will help traders anticipate moves before they're fully priced in.