Kalshi Closes Over $1 Billion New Funding Round at $2.2 Billion Valuation

BlockBeats News, March 20th, according to Bloomberg citing sources familiar with the matter, prediction market platform Kalshi raised over $1 billion in a new funding round, valuing the company at $22 billion. This transaction doubled Kalshi’s valuation from around $11 billion during its last funding round in December last year.