kalshi raises $1 billion - Kalshi Secures $1 Billion in Funding, Valued at $22 Billion
Kalshi, a prediction market platform, has raised over $1 billion in a new funding round, bringing its valuation to $22 billion. This latest investment nearly doubles the company's valuation from its previous round in December, which stood at $11 billion. The significant increase in valuation underscores growing investor confidence in Kalshi's market potential.