Kalshi Raises $300M at $5B Valuation

[lingriiddd]

Prediction market Kalshi announced a $300 million funding round led by Sequoia Capital and Andreessen Horowitz, boosting its valuation to $5 billion — 2.5x higher than just three months ago.

Kalshi now serves consumers in 140 countries and is projected to reach $50 billion in annualized trading volume, up sharply from $300 million last year.

[Nahid10]

Kalshi’s new funding confirms growing confidence in regulated event-based trading.

[EmTeam]

A $5B valuation shows that prediction markets are becoming serious financial instruments.