Report: Kalshi Valued at $11 Billion After $1 Billion Funding Round

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.

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.