Kalshi this week: Valuation joins the $10 billion club, will provide data to multiple mainstream news outlets

SOL-1.32%
BlockBeats news, December 5 — The prediction market platform sector has seen rapid growth recently, with both Kalshi and Polymarket reaching all-time monthly trading volume highs in November. YZi Labs also announced investments in prediction markets Opinion and predict.fun. This week, Kalshi announced a $1 billion funding round at an $11 billion valuation, making co-founder Lopes Lara the world’s youngest self-made female billionaire. The platform subsequently announced several new business partnerships:
· Kalshi is partnering with Solana to migrate its prediction markets on-chain;
· Kalshi has become the official prediction market partner of comprehensive news media outlet CNN, with its data to be displayed in real time on news programs;
· Leading financial media CNBC announced it will fully integrate Kalshi’s prediction market data across its TV, digital, and subscription platforms.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments