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
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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.