As per TheCCPress, Kalshi Inc., a U.S.-based prediction market platform, raised $1 billion at an $11 billion valuation in a Series E round led by Paradigm. The funding aims to expand Kalshi’s user base to 100 million, increase trading volume, and build strategic partnerships with news organizations. Kalshi’s integration with Solana blockchain enhances its position in the DeFi and blockchain sectors. The CFTC’s regulatory clarity, classifying prediction contracts as commodities, has boosted institutional confidence in the platform.
Kalshi Raises $1 Billion at $11 Billion Valuation in Series E Round
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