Kalshi Confirms $1 Billion Raise that Values the Firm at $22 Billion Amid Prediction Market Boom
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17 Articles
The Kalshi prediction platform again attracted the attention of the technology and financial market.The company announced a new funding round for $1 billion, which multiplied its valuation to $22 billion, according to Forbes.The operation also boosted the fortunes of its co-founders, Tarek Mansour and Luana Lopes Lara, both 29 years old.Each reached an estimated $2.6 billion worth of wealth, according to magazine calculations and sources close t…
Kalshi confirms $1 billion raise that values the firm at $22 billion amid prediction market boom
The firm said institutional trading volume surged 800% over six months on the platform, while annualized trading hit $178 billion despite growing regulatory scrutiny.
Kalshi Raises $1 Billion at $22 Billion Valuation as Institutional Trading Surges | LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis
Prediction market platform Kalshi has closed a $1 billion Series F funding round at a $22 billion valuation, roughly doubling its worth from the $11 billion valuation it achieved just five months ago in its Series E raise. The round was led by Coatue, with participation from a who’s who of institutional names, including Sequoia Capital, Andreessen Horowitz, IVP, Paradigm, Morgan Stanley, and ARK Invest, a lineup that underscores the growing appe…
Kalshi has just raised $1 billion and doubles its valuation in just five months. Everyone wants a share of the prediction market. Article Prediction Market: Kalshi raises $1 billion and doubles its valuation to $22 billion in five months appeared first on Cointribune.
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