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#SportsBetting
The New York Times @nytimes.com Β· New York City πŸ‡ΊπŸ‡Έ Β· 23h

Kalshi, a platform for betting on various prediction markets, has raised $1 billion in funding to expand its services for institutional investors, achieving a valuation of $22 billion amid increasing interest in prediction markets, despite ongoing legal challenges and competitive pressures. #PredictionMarkets #SportsBetting #FinancialInvesting #US #VE

www.nytimes.com
Kalshi, the Prediction Market, Raises $1 Billion at a $22 Billion Valuation
The platform for betting on sports, politics, the weather and more has raised $1 billion and sees big financial firms as a key source of growth.
The New York Times @nytimes.com Β· New York City πŸ‡ΊπŸ‡Έ Β· 24h

Kalshi, a platform for betting on various events, has raised $1 billion in funding led by Coatue Management, aiming to expand its user base to include institutional investors alongside its growing pool of individual users, amidst ongoing regulatory challenges and increasing competition in the prediction market space. #PredictionMarkets #SportsBetting #Fintech #US #VE

www.nytimes.com
Kalshi, the Prediction Market, Raises $1 Billion at a $22 Billion Valuation
The platform for betting on sports, politics, the weather and more has raised $1 billion and sees big financial firms as a key source of growth.