Kalshi Expands to 140 Countries, Raises $300M in Funding
Kalshi, a U.S.-based prediction market, has expanded to over 140 countries and raised over $300 million in fresh funding, valuing the company at $5 billion.
The Series D funding round was co-led by venture capital firms Sequoia and Andreessen Horowitz, with other investors including Paradigm, CapitalG, Coinbase Ventures, General Catalyst, and Spark Capital.
Kalshi offers regulated markets for trading on future events, including elections, sports, and central bank decisions, and now accounts for over 60% of global prediction-market activity.
- Expansion to over 140 countries
- Raised over $300 million in fresh funding
- Valued at $5 billion
- Accounts for over 60% of global prediction-market activity
No direct quotes available in the given text.
Author's summary: Kalshi expands globally, raising $300M in funding.
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