Post #12039

Kalshi Raises $1B at a $22B Valuation Prediction market platform Kalshi closed a $1B Series F at a $22B valuation, led by Coatue with participation from Sequoia, a16z, Paradigm, IVP, Morgan Stanley, and ARK Invest. Institutional trading volume jumped 800% in 6 months, and annualised trading volume more than tripled from $52B to $178B. Kalshi now controls 90%+ of US prediction market activity and the majority of global volume. Tarek Mansour, Kalshi co-founder & CEO There are few categories in recent history that have scaled this quickly outside of AI. Event contracts could become a trillion-dollar market, and we're still in the early stages. 🔗news.kalshi.com/p/kalshi-raises-1-billion-22-billion-valuation-institutional-demand-surges Top 7 Ecosystem:Alpha| X | Aggregator