Prediction Market Kalshi Hits $5B Valuation After Massive $300M Fundraise

TLDR: Kalshi raised $300M in a new round, pushing its valuation to $5B as it eyes major global expansion. The platform’s annualized trading volume is projected to reach $50B, up from $300M just a year ago. Kalshi now holds over 60% global market share, surpassing Polymarket in prediction-market dominance. The firm plans to open access [...]

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