Kalshi's fundraising continues, and its valuation may rise to $12 billion in the short term

Kalshi, a US-regulated prediction market platform, is receiving venture capital proposals with a potential valuation of up to $12 billion. Less than two weeks ago, Kalshi closed a funding round exceeding $300 million at a valuation of $5 billion. Investor interest in the fast-growing startup is high, with discussions of valuations ranging from $10 billion to $12 billion, or even higher.