INSTITUTIONAL

#Kalshi Raises Over $1 Billion at $22 Billion Valuation

Kalshi, a prediction market platform, has raised more than $1 billion in a new funding round that values the company at $22 billion, according to announcements on X (formerly Twitter). The significant capital injection underscores growing institutional interest in prediction market infrastructure as the sector expands beyond traditional gambling and political forecasting. Kalshi operates in the derivatives space, allowing users to trade contracts based on real-world event outcomes, competing...

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