Kalshi Raises $300M, Targets $5B Valuation and Global Growth
Kalshi, an online prediction market platform, has secured over $300 million in a funding round, catapulting its valuation to $5 billion. The company aims to extend its services to more than 140 countries, signaling aggressive global ambitions.
Trading volume is projected to hit $50 billion annually—a staggering leap from $300 million last year. This exponential growth underscores Kalshi's emergence as a dominant force in prediction markets, reshaping how investors engage with speculative assets.