Back to Feed
Fintech▲ 80
Kalshi raises $1 billion at $22 billion valuation
CoinDesk·
Prediction market platform Kalshi has secured $1 billion in funding, valuing the company at $22 billion, confirming earlier reports. The Series F round was led by Coatue and included major investors like Sequoia Capital and Andreessen Horowitz. This capital infusion will support Kalshi's expansion of institutional services, including block trading and new risk products for asset managers. The company has experienced substantial growth, with institutional trading volume surging 800% and annualized activity reaching $178 billion, despite facing regulatory scrutiny from several U.S. states.
Tags
fintech
funding
regulation
Original Source
CoinDesk — coindesk.com