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Kalshi Raises $1 Billion at a $22 Billion Valuation as Institutional Adoption Accelerates (opens in new tab)

Covered by 4 sources including coindesk.com, CNBC

Institutional trading volume on the platform has surged 800% in six months as prediction markets expand deeper into Wall Street.

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Covered in 7 articles

Kalshi targets a massive $40 billion valuation, widening lead over rival Polymarket

Kalshi CEO says prediction market thinking about IPO, but not for this year

Individual traders drove Kalshi’s rise. Now, it’s going for Wall Street