Kalshi Eyes $10B Valuation as Investors Bet Big on Prediction Markets

TLDR: Kalshi is in talks with investors for a valuation between $10 billion and $12 billion following its latest funding round. Just weeks after raising $300 million at a $5 billion valuation, Kalshi’s value talk jumped again. The prediction-market platform claims annualised volume reaching $50 billion and is attracting crypto and sports-betting interest. Regulatory clarity [...]

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