Kalshi raises $1B to lead global prediction markets

Kalshi has successfully raised $1 billion in a funding round, resulting in a valuation of $11 billion. This funding round was led by Sequoia Capital and CapitalG, marking a significant milestone for the prediction market platform. Kalshi's growth reflects its position as a regulated exchange in the cryptocurrency sector.

Kalshi has raised $1 billion in funding, increasing its valuation to $11 billion. This funding round follows a previous $300 million raise at a $5 billion valuation, marking one of the fastest valuation increases in the prediction market sector.

Prediction-market platforms Polymarket and Kalshi are expanding into web3 and global markets to explore new revenue opportunities. This strategic move aims to enhance their competitive edge in the evolving cryptocurrency landscape.

Kalshi has achieved a valuation of $11 billion following a $1 billion funding round led by Sequoia Capital and CapitalG. This positions Kalshi alongside its competitor Polymarket in the valuation club exceeding $10 billion.

Kalshi, a CFTC-regulated exchange, has successfully raised $1 billion in funding, achieving a valuation of $11 billion. This positions Kalshi as a strong competitor to crypto-native Polymarket by offering event contracts with fiat access and legal clarity.