Prediction Market Kalshi Raises $1 Billion at Double Its December Valuation: Bloomberg

Prediction market Kalshi raises $1 billion at double its December valuation: Bloomberg

The U.S. based prediction markets platform fundraise shows interest remains in this investment category despite the issues it faces.

Kalshi Gets $1 Billion in New $22 Billion Funding Round

Kalshi Defies U.S. Legal Tussle and Nevada Temporary Ban as Valuation Doubles to $22B

Kalshi has raised more than $1 billion in new funding, valuing the prediction market platform at $22 billion, according to people familiar with the matter. The funding round comes amid a fresh setback in Nevada, where a state court imposed a 14‑day restraining order forcing the prediction market to stop offering sports, entertainment and election contracts while regulators press their case that it is operating as an unlicensed gambling operator.…

Kalshi Raises $1 Billion to Double Valuation to $22 Billion: Reports

Kalshi has raised $1 billion at a $22 billion valuation, doubling its worth in just three months.

Kalshi Secures $1B Funding Round, Doubling Valuation to $22B Amid Legal Battles

Key Highlights Kalshi secured more than $1 billion in fresh capital from a financing round spearheaded by Coatue Management, bringing its valuation to $22 billion—a doubling from its previous round just months ago. The platform’s annualized revenue has reached $1.5 billion, while February alone saw trading activity surpass $10 billion. Arizona authorities have filed criminal charges against Kalshi, alleging the operation of an unlicensed gambli…