Prediction markets Polymarket, Kalshi bet big on web3—odds of global expansion just improved

Kalshi, a U.S.-based prediction market platform regulated by the Commodities Futures Trading Commission, has raised $1 billion at an $11 billion valuation. This funding round positions Kalshi as a significant player in the prediction market sector, reflecting investor confidence in its business model and growth potential.

Market sentiment indicates a 71% probability that Bitcoin will drop to $80,000 by November, reflecting concerns over volatility and risk in cryptocurrency investments. This forecast may influence trader strategies and the overall stability of the crypto market.

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.

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.