Kalshi funding round
Kalshi Raises $1 Billion, Valued at $40 Billion
Kalshi, a prediction market platform, raised $1 billion in a new funding round, valuing it at approximately $40 billion.
The prediction market platform Kalshi has secured $1 billion in a recent funding round, boosting its valuation to nearly $40 billion. This valuation nearly doubles that of its competitor, Polymarket, though legal challenges to Kalshi's business model persist.