Tag: Kalshi
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Kalshi Crosses 22 Billion Valuation — Prediction Markets Are Now Institutional Finance
The number that defines this raise isn’t 1 billion. It′s 22 billion. That’s the valuation Coatue Management and its co-investors assigned to Kalshi in the latest funding round — a figure that nearly doubles the platform’s valuation since November and places a prediction market platform firmly in the territory previously occupied exclusively by major exchanges, clearinghouses, and financial infrastructure giants.…
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Kalshi and Polymarket Chase $20 Billion Valuations — Prediction Markets Are Becoming Serious Business
Two platforms that let users bet on real-world outcomes are quietly plotting their next moves, and the numbers involved are staggering. Kalshi and Polymarket have entered preliminary discussions with investors about new funding rounds that could value each company at approximately $20 billion — roughly double where they stood just months ago. Let that valuation sink in.…