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- Prediction Market Kalshi’s Valuation Jumps to $11B After . . .
Prediction market Kalshi’s valuation has hit $11 billion after reports of an undisclosed $1 billion funding round Independent data show the platform hitting $50 billion in annualized volume and $4 4 billion in October trades Federal rulings and state-level disputes continue to define the firm’s U S expansion as rivals regain domestic access
- Sources: Kalshi told investors that its trading volume grew . . .
Sources: Kalshi told investors that its trading volume grew six times in the last six months and it is on an annualized pace for $600M to $700M in net revenue — For 15 years, Goldman Sachs' private tech conference in Las Vegas has been the event for taking the pulse of startup dealmaking
- Kalshi Hit $600M In Volume This Weekend, And Its Going To Go . . .
Saturday and Sunday saw more than $600 million in trading volume, up more than $100 million from the previous weekend It bears repeating: Almost all of this volume is from sports betting More than 96% of volume over the weekend was sports event contracts
- Kalshi found a backdoor to sports gambling, and flung it wide . . .
The prediction market now offers something that looks a lot like online sports betting to 18 year olds and states where it’s currently illegal
- Polymarket, Kalshi entice investors - LinkedIn
Prediction market firms Kalshi and Polymarket are both eyeing multibillion-dollar boosts to their current valuations, according to The Information, citing anonymous sources
- Kalshi Raises at $5 Billion Valuation Led by Sequoia, a16z
Kalshi, a U S -regulated prediction market, said it raised more than $300 million at a $5 billion valuation led by Sequoia and Andreessen Horowitz The company will face new competition with the return of rival Polymarket to the U S market
- Prediction Market Kalshi Hits $2 Billion Valuation in New . . .
Kalshi, a startup prediction market that became a popular way to bet on the November election, said Wednesday that it had been valued at $2 billion in a new funding round, a vote of confidence in
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