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Kalshi Doubles Valuation to $11B in One Month as Prediction Market Frenzy Intensifies
Kalshi Doubles Valuation to $11B in One Month as Prediction Market Frenzy Intensifies
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BTCCSquare news:
Kalshi's $1 billion Series C round led by Sequoia Capital and CapitalG propels the CFTC-regulated prediction platform to an $11 billion valuation - nearly doubling its worth in just thirty days. The funding frenzy underscores institutional appetite for alternative trading venues as traditional and crypto markets converge.
While Polymarket's blockchain-based approach dominates crypto prediction markets, Kalshi's regulatory compliance positions it as the Wall Street-approved alternative. The speed of capital deployment suggests investors see prediction markets evolving beyond niche status into mainstream financial infrastructure.
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