
Prediction Market Kalshi Raises $1 Billion, Valued at $22 Billion
Prediction market startup Kalshi has successfully raised $1 billion in its latest funding round. This investment has propelled the company's valuation to $22 billion, driven by surging institutional volume.
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Why Investors Are Still Betting Big on Kalshi
The popular prediction market platform has just raised a new funding round that values it at $22 billion, double what it was worth in December.
By Andrew Ross Sorkin, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Niko Gallogly, Brian O’Keefe and Christine Zhang
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