Saturday, 11 October, 2025
Kalshi Hits $5B Valuation, Rivals Polymarket’s $8B NYSE Backing
Kalshi, a U.S.-based prediction market platform, has raised over $300 million, propelling its valuation to $5 billion—a significant increase from its $2 billion valuation just three months ago. The funding round was co-led by Sequoia Capital and Andreessen Horowitz, with participation from Paradigm Ventures, CapitalG, and Coinbase Ventures.
Read full story at TechCrunch