Kalshi, a U.S. prediction markets platform, completes a $1 billion funding round that values the company at $22 billion. Multiple outlets report the round as a Series F led by Coatue, with coverage noting the valuation is about double Kalshi’s prior figure from roughly five months earlier. The New York Times describes the update as investors continuing to back the platform, while Bloomberg and other business-focused reports frame it as part of broader growth in prediction markets activity.
Several articles also highlight rapid expansion indicators. CoinDesk and The Block state that institutional trading volume has surged in recent months, citing an 800% increase over a defined period. CoinDesk adds figures suggesting annualized trading activity reaching about $178 billion. Coverage also references increasing regulatory scrutiny around prediction markets, alongside continued institutional and retail demand.
Overall, the sources align on the core transaction details—lead investor, round size, and $22 billion valuation—while offering differing emphasis on drivers such as investor confidence, trading growth, and regulatory context.
