Kalshi Seeks $40 Billion Valuation in New Funding Round as Revenue Surges
Prediction market platform Kalshi is reportedly seeking to raise at least $750 million at a $40 billion valuation after annualized revenue surpassed $4 billion.
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Prediction market platform Kalshi is reportedly seeking to raise at least $750 million at a $40 billion valuation after annualized revenue surpassed $4 billion.
Meta is reportedly building Arena, a standalone prediction markets app designed to compete with Polymarket and Kalshi.
Cboe has launched Cboe Predicts, a new prediction market platform that allows traders to take directional positions on future market outcomes through regulated exchange-traded products.
Polymarket, in partnership with Nasdaq, introduced prediction markets tied to private companies, expanding speculative trading beyond public equities and cryptocurrencies.
Interactive Brokers launched a prediction markets platform with Kalshi, CME Group, and ForecastEx for event-based trading.
Polymarket seeks $400 million in funding at a $15 billion valuation amid rising demand for prediction markets.
Interactive Brokers is exploring entry into prediction markets, betting on growing institutional demand. The move could reshape how event-based trading is integrated into mainstream finance.
Kalshi has raised more than $1 billion in a new funding round, valuing the prediction market platform at $22 billion. The deal highlights growing investor interest in event-driven trading markets.
Polymarket launches on Solana through a Jupiter integration, expanding prediction markets into a new blockchain ecosystem.
A Polymarket trader vanished after earning over $80,000 on highly accurate OpenAI release bets.
A Polymarket trader reportedly made $300,000 by betting on how often Elon Musk would tweet.
A Google employee is accused of using insider knowledge to win $1 million on Polymarket after a series of unusually accurate bets tied to company events.
Kalshi launches tokenized event contracts on Solana, targeting crypto traders to boost liquidity and stay competitive against rising prediction market rivals.
Kalshi raises $1 billion, pushing the prediction-market platform’s valuation to $11 billion.
Gemini shares hit record lows after a $159 million quarterly loss, as the firm shifts focus toward developing a crypto “super app.”