Kalshi Raises $1 Billion in Funding Round, Signaling Shift in Prediction Market Landscape

Kalshi has secured a landmark $1 billion funding round, significantly increasing its valuation to $11 billion and propelling it into the spotlight as a leader within the prediction market space. This investment was spearheaded by prominent venture capital firms like Sequoia Capital and CapitalG, reflecting strong institutional support for Kalshi’s regulated event market platform. Kalshi stands apart from competitors like Polymarket, which maintains a decentralized approach to prediction markets, further solidifying its position in the field.