Kalshi Hits $2B Valuation After $185M Raise, Aiming to Reshape Global Financial Markets

Prediction market platform Kalshi has secured $185 million in fresh funding, catapulting its valuation to $2 billion. The milestone underscores the company's growing influence in an increasingly competitive sector.

Tarek Mansour, Kalshi’s co-founder and CEO, outlined plans to expand the tech team and integrate event contracts across more brokerage platforms. Current partnerships include Robinhood Markets and Webull, with ambitions to broaden accessibility. "We're seeing progress on ideas that once seemed impossible," Mansour noted on X, emphasizing a mission-driven approach to reshaping financial market interactions.

Investor Charlie Noyes positions Kalshi as a critical barometer for public sentiment, with implications for finance and media response dynamics. The funding round signals confidence in prediction markets as a tool for decoding macroeconomic trends.