Prediction market platform Kalshi has announced the successful closure of a $1 billion Series E funding round, catapulting its valuation to $11 billion. This investment marks a doubling of the company’s valuation and arrives on the heels of a historic performance, with the platform experiencing its highest monthly trading volumes to date in the preceding period. The substantial capital infusion is poised to accelerate Kalshi’s strategic expansion, enhance its product offerings, and solidify its position within the burgeoning event contract trading sector. The record-breaking trading activity underscores growing institutional and retail engagement with regulated prediction markets as tools for hedging and gauging event probabilities. This milestone reflects robust investor confidence in Kalshi’s unique market model and its potential to redefine how market participants manage event-driven risk and exposure.
