Source: Kalshi’s valuation jumps to $11B after raising massive $1B round
The quickly growing prediction betting market raised fresh capital from Sequoia and CapitalG, according to someone familiar with the deal.
The quickly growing prediction betting market raised fresh capital from Sequoia and CapitalG, according to someone familiar with the deal.
While Armstrong may have helped some Kalshi and Polymarket users make a little money, he was also illustrating how easily these markets can be manipulated.
Prediction markets startup Klashi raised $300 million, while Polymarket nabbed up to $2 billion.