Kalshi Officially Confirms $1B Raise at $22B Valuation

Prediction market platform Kalshi has officially confirmed it raised $1 billion at a $22 billion valuation, with co-founder and CEO Tarek Mansour announcing the news on X today, May 7. The round was led by Coatue, with participation from Morgan Stanley, Sequoia, and a16z, among others. The... Read the full story at The Defiant