Kalshi Doubles Valuation to $11 Billion With $1 Billion Funding Round

Prediction market platform Kalshi has secured $1 billion in fresh funding, pushing its valuation to $11 billion. The move comes amid the rapid integration of prediction platforms into the mainstream. Users flock to these sites to wager on everything from elections and crypto prices to even daily temperature readings. Kalshi Hits $11 Billion Valuation After Record Latest Round Kalshi’s latest capital raise comes less than two months after the company secured $300 million at a $5 billion valuation source: https://beincrypto.com/kalshi-11-billion-funding-prediction-market-regulation/