Kalshi Secures $1B Funding Round Valuing Platform at $11B

Why It Matters

The infusion of $1 billion and an $11 billion valuation signals strong capital confidence in regulated prediction markets, potentially accelerating mainstream adoption and pressuring decentralized rivals to address compliance and fiat access.

Deal Summary

Kalshi, the CFTC‑regulated prediction‑market exchange, announced the close of a $1 billion funding round that lifts its valuation to $11 billion. The round was led by returning backers Sequoia Capital and Capital G, with participation from Andreessen Horowitz, Paradigm, Anthos Capital and Neo.