Back to Feed
Fintech▲ 80
Kalshi raises $1 billion, hits $22 billion valuation
The Block·
Kalshi has secured $1 billion in a Series F funding round, achieving a $22 billion valuation. The round was led by Coatue and included participation from major investors like Sequoia Capital, Andreessen Horowitz, and Morgan Stanley. This significant capital infusion will fuel Kalshi's expansion into serving institutional clients, including hedge funds, asset managers, and trading firms. The company plans to enhance its offerings with block trading capabilities, new risk management products, and deeper broker integrations to meet the growing demand from these sophisticated market participants.
Tags
fintech
funding
Original Source
The Block — theblock.co