Analysis: Kalshi valuation doubles to $22 billion in latest funding round: Bloomberg

The new $1 billion investment round indicates that interest in the embattled prediction market remains. The new $1 billion investment round indicates that interest in the embattled prediction market remains. Kalshi Inc. raised more than $1 billion in a funding round led by Coatue Management, valuing the prediction market platform at $22 billion, double its December valuation, Bloomberg reported. The company’s rapid growth has attracted major investors even as lawmakers scrutinize risks of insid…

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