Kalshi Raises $1B at $11B Valuation as Prediction Market Race Continues: TechCrunch

Kalshi, a company specializing in prediction markets, has successfully secured $1 billion in funding, achieving a remarkable valuation of $11 billion. This significant financial milestone highlights the increasing competitiveness and momentum within the prediction market industry, as various players vie for dominance in this innovative sector, according to a report by TechCrunch. source: https://www.coindesk.com/markets/2025/11/20/kalshi-raises-usd1b-to-challenge-polymarket-in-usd11b-valuation-race-techcrunch