Prediction Market Platform Kalshi Secures $1B at $11B Valuation in Major Funding Round 💰
Kalshi has raised $1 billion in a funding round co-led by Sequoia Capital and CapitalG, valuing the prediction market platform at $11 billion. The round saw participation from prominent investors including Andreessen Horowitz, Paradigm, Anthos Capital, and Neo.
This massive funding comes less than two months after Kalshi's previous $300 million round at a $5 billion valuation, representing a rapid valuation jump. The platform operates as a regulated event contracts marketplace under CFTC oversight, allowing users to trade on real-world outcomes like elections and economic indicators.
The investment highlights growing institutional interest in prediction markets, with Kalshi competing alongside platforms like Polymarket ($POLY) in this expanding sector.
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Prediction Market Platform Kalshi Secures $1B at $11B Valuation in Major Funding Round 💰
Kalshi has raised $1 billion in a funding round co-led by Sequoia Capital and CapitalG, valuing the prediction market platform at $11 billion. The round saw participation from prominent investors including Andreessen Horowitz, Paradigm, Anthos Capital, and Neo.
This massive funding comes less than two months after Kalshi's previous $300 million round at a $5 billion valuation, representing a rapid valuation jump. The platform operates as a regulated event contracts marketplace under CFTC oversight, allowing users to trade on real-world outcomes like elections and economic indicators.
The investment highlights growing institutional interest in prediction markets, with Kalshi competing alongside platforms like Polymarket ($POLY) in this expanding sector.
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