Kalshi Raises $1B at $22B Valuation as Prediction Market Boom Accelerates
Prediction market platform Kalshi announced a $1 billion Series F funding round led by Coatue, valuing the company at $22 billion. The round saw participation from Sequoia Capital, Andreessen Horowitz, IVP, Paradigm, Morgan Stanley, and Ark Invest. Kalshi claims 90% of U.S. prediction market activity with 2 million monthly users and weekly trading volumes surging to $3 billion from $100 million a year ago. The platform's growth reflects the broader explosion in prediction markets, fueled by demand for event-based contracts. Competitor Polymarket is reportedly seeking $400 million at a $15 billion valuation. Investment bank Bernstein projects total prediction market volumes will reach $240 billion this year, a 370% increase from 2025, with a compound annual growth rate of 80% toward $1 trillion by 2030. For wallet and key holders, the rapid growth of prediction markets—both crypto-native (Polymarket) and regulated (Kalshi)—increases exposure to platform risks and regulatory uncertainties. Users should be aware that insider trading incidents have already occurred, and federal-state regulatory conflicts (e.g., CFTC lawsuits) may impact market access. While not a direct security threat, storing funds on these platforms requires careful consideration of key management and counterparty risk.
关键事实
- Kalshi raised $1B in Series F at $22B valuation led by Coatue.
- Platform claims 90% US prediction market share with 2M monthly users.
- Weekly trading volume surged to $3B from $100M a year ago.
- Competitor Polymarket seeks $400M at $15B valuation.
- Bernstein projects prediction market volumes to reach $240B in 2025.