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The New York Times @nytimes.com Β· New York City πŸ‡ΊπŸ‡Έ Β· 20h

Kalshi has raised $1 billion in a funding round led by Coatue Management, bringing its valuation to $22 billion as it aims to attract institutional users, while the insider trading allegations involving elite law firms raise concerns within the industry. #PredictionMarkets #InsiderTrading #InvestmentNews #US #IR

www.nytimes.com
Why Investors Are Still Betting Big on Kalshi
Andrew here. DealBook's Michael de la Merced has the scoop on Kalshi raising another $1 billion. We've got a deep dive on a fascinating deal between Anthropic and SpaceX.
The New York Times @nytimes.com Β· New York City πŸ‡ΊπŸ‡Έ Β· 23h

Kalshi has successfully raised $1 billion in funding at a $22 billion valuation, driven by surging interest in prediction markets, as it aims to attract larger institutional users despite facing legal challenges related to insider trading and sports betting regulations. #Investment #InsiderTrading #ArtificialIntelligence #US #IR

www.nytimes.com
Why Investors Are Still Betting Big on Kalshi
Andrew here. DealBook's Michael de la Merced has the scoop on Kalshi raising another $1 billion. We've got a deep dive on a fascinating deal between Anthropic and SpaceX.