Kalshi raises $1 billion and hits $22 billion valuation for prediction market expansion

Published on 7 May 2026

Event contracts could soon unlock a massive new market

Prediction market platform Kalshi has raised $1 billion in funding, valuing the company at $22 billion. The deal is set to help Kalshi broaden products for hedge funds and asset managers as institutional trading volume rises. Kalshi’s focus now includes expanding event contracts, which analysts expect to drive significant market growth.

Kalshi secured $1 billion in new funding
The latest round values the company at $22 billion
It plans to expand offerings for hedge funds and asset managers
Event contracts are expected to fuel major growth

#funding #market expansion #hedge funds #prediction markets #venture capital

Read the full story at The Economic Times

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Kalshi raises $1 billion and hits $22 billion valuation for prediction market expansion

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