Prediction Market Kalshi Hits $2B Valuation—$185M Funding Fuels the Fire
Wall Street's new toy just got pricier—Kalshi's prediction market now wears a $2 billion price tag after scooping up $185 million in fresh capital.
Who needs crystal balls when you've got VC cash?
The raise signals institutional FOMO—traders are ditching tarot cards for binary event contracts. Meanwhile, traditional finance bros still can't tell a smart contract from a Starbucks receipt.
Prediction markets aren't gambling, they're 'information aggregation systems'... with better odds than your average hedge fund.