Kalshi has raised 1 billion in a new funding round valuing the company at 11 billion, according to TechCrunch. The regulated prediction-market platform has become one of the fastest-growing event-contract venues in the sector. And the raise marks one of the most dramatic valuation jumps in financial-prediction infrastructure this year.
The round was led by returning investors Sequoia Capital and CapitalG. Andreessen Horowitz, Paradigm, Anthos Capital, and Neo also participated. None commented publicly on the transaction.
The funding arrives less than eight weeks after Kalshi announced a 300 million round at a 5 billion valuation . The speed of the increase signals a sector heating rapidly as traders, institutions and policymakers focus on event-driven markets.
