Report: Kalshi Valued at $11 Billion After $1 Billion Funding Round
PositiveCryptocurrency
- Kalshi has raised $1 billion, achieving an $11 billion valuation, which highlights its rapid growth and strong investor confidence in the prediction market sector.
- This funding positions Kalshi as a formidable competitor against other platforms like Polymarket, enhancing its ability to offer regulated event contracts and attract a broader user base.
- The expansion into web3 and global markets, alongside partnerships with major players like Coinbase, underscores the evolving landscape of prediction markets and the increasing interest in cryptocurrency
— via World Pulse Now AI Editorial System