Kalshi Reportedly Raises $1 Billion as Valuation Doubles to $22 Billion

Prediction market platform Kalshi has reportedly raised more than $1 billion in a new funding round that values the company at $22 billion. Bloomberg reported that the funding round was led by Coatue Management, citing a person familiar with the matter. The latest round roughly doubles Kalshi’s valuation from $11 billion.  The previous funding round
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