Kalshi has raised $1 billion, increasing its valuation to $22 billion, according to reports. This marks a doubling of its worth in just three months.
Kalshi's latest funding round has brought in $1 billion, raising its valuation from $11 billion to $22 billion. The previous round in December was led by Paradigm, with participation from Ark Invest, Andreessen Horowitz, and Sequoia Capital. The current round was led by Coatue Management. Kalshi has not commented on the news.