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Kalshi raises $1B at $22B valuation, hits $178B trading volume

Kalshi raises $1B led by Coatue at a $22B valuation, its third funding round in seven months, as the prediction market platform reaches $178B in annualized trading volume.

May 7 · · primary fetch1 sourceupdated May 7 ·

Michael J. de la Merced / New York Times: Kalshi raised $1B led by Coatue at a $22B valuation, its third round in seven months after raising $1B and $300M+, and hits $178B in annualized trading volume — The platform for betting on sports, politics, the weather and more has raised $1 billion and sees big financial firms as a key source of growth.

read full article on techmeme.com
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  1. techmeme.comKalshi raised $1B led by Coatue at a $22B valuation, its third round in seven months after raising $1B and $300M+, and hits $178B in annualized trading volume (Michael J. de la Merced/New York Times)primary