Tag: Kalshi

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Kalshi and Polymarket CEOs Back $35M Prediction Market Venture Fund

Former Kalshi employees are raising capital for 5c(c) Capital, a venture firm focused on prediction market infrastructure.Two early Kalshi employees are raising up to...

Prediction market boom spurs new VC fund backed by Polymarket, Kalshi CEOs

A new venture capital firm focused on prediction markets is launching with backing from Polymarket founder and CEO Shayne Coplan and Kalshi co-founder and...

Kalshi Raises $1 Billion to Double Valuation to $22 Billion: Reports

In brief Kalshi has raised $1 billion in a new funding round led by Coatue Management, valuing the prediction market at $22 billion. The raise doubles...

Nevada Judge Blocks Kalshi From Operating in State

A Nevada judge has temporarily blocked Kalshi from operating in the state, finding that state authorities are reasonably likely to prevail in a legal...

Kalshi Hits $22 Billion Valuation as $1 Billion Capital Injection Defies Regulatory Heat

Kalshi has raised over $1 billion, increasing its valuation to $22 billion in just three months, signaling strong investor confidence despite regulatory challenges. Hyper-Growth...

Kalshi Ordered to Temporarily Stop Operations in Nevada

A State Judge signed a restraining order barring the company from offering some kinds of prediction market contracts in the state, as the battle...

Kalshi gets temporary Nevada ban in dispute over sports betting

Kalshi is now under a two-week restraining order barring bets in Nevada while a legal debate proceeds over the longer-term status of prediction markets...

Prediction market Kalshi raises $1 billion at double its December valuation: Bloomberg

Kalshi Inc. raised more than $1 billion in a funding round led by Coatue Management, Bloomberg reported Thursday, citing people familiar with the matter.The...

Kalshi Raises $1B at $22B Valuation: Report

The deal doubles the valuation from Kalshi's previous round in November.CFTC-regulated prediction market platform Kalshi is raising around $1 billion at a $22 billion...