Kalshi Hits $5B Valuation With $300M Raise

[johnblockbuster]

Prediction market Kalshi has secured $300M in fresh funding, doubling its valuation to $5B just three months after its last round.

The raise was led by Sequoia Capital and Andreessen Horowitz, with support from Paradigm Ventures, CapitalG, and Coinbase Ventures.

Kalshi says it’s now available in 140 countries and is on track for $50B in annualized trading volume — a huge leap from last year’s $300M.

This comes just days after rival Polymarket scored up to $2B from ICE (NYSE’s parent company) at an $8B valuation. The prediction market wars are heating up fast.

[Nahid10]

Kalshi’s growth is incredible. $300M funding confirms how fast event-based trading is gaining institutional attention.

[EmTeam]

Another milestone for prediction markets. Kalshi’s valuation jump shows this niche is maturing rapidly.