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Kalshi Raises $300M as Demand Grows for Prediction Market Platforms
Kalshi scores major funding boost amid user growth and regulatory wins.
Prediction-market startup Kalshi secured over $300 million in a funding round led by Sequoia and a16z, valuing it near $5 billion. The platform, which allows users to trade binary contracts on real-world events, saw record trading volumes exceeding $1 billion. Kalshi’s growth follows its regulatory victory in the U.S., positioning it for broader market expansion.