Kalshi Lands $1B Round, Vaults to $11B Valuation as Prediction-Market Race Heats Up
Kalshi, a U.S.-based prediction market, has closed its $1 billion financing round, which has pushed its valuation to around $11 billion, according to a press release. The latest round was led by Paradigm, with participation from veteran venture capital firms including Sequoia Capital and CapitalG, Alphabet’s growth-equity arm. The news of the raise broke last...
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