Kalshi's Luana Lopes Lara Becomes Youngest Female Self-Made Billionaire

Source: CryptoNewsNet Original Title: Kalshi’s Luana Lopes Lara Becomes Youngest Female Self-Made Billionaire Original Link: https://cryptonews.net/news/finance/32079668/ Luana Lopes Lara, co-founder of the prediction market Kalshi, has become the youngest female self-made billionaire after her company announced a fresh $1 billion funding round Tuesday.

The raise, led by crypto-focused venture firm Paradigm, valued Kalshi at $11 billion and drew participation from Sequoia Capital, Andreessen Horowitz and Y Combinator.

At 29, Lopes Lara overtakes previous titleholder Lucy Guo of Scale AI and pop icon Taylor Swift, who briefly held the distinction earlier this year. Lopes Lara, born in Brazil and a computer science graduate of MIT, co-founded Kalshi in 2019 with Tarek Mansour, who also now joins the billionaires list at the same age.

Still, both Kalshi founders were edged out in the youth race by Shayne Coplan, 27, founder of rival prediction platform Polymarket, who became the youngest self-made billionaire in October. Coplan’s rise followed a $2 billion investment commitment from a certain exchange group, the owner of the New York Stock Exchange, into Polymarket at an $8 billion valuation.