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Kalshi Reaches $22B Valuation After $1B Series F Led by Coatue
Kalshi reached a $22 billion valuation after raising $1 billion in a Series F round led by Coatue. Kalshi said it will use the capital to expand with institutional clients and build block trading, risk-management products, and deeper brokerage integrations. Kalshi said institutional trading volume rose 800% over the past six months and annualized trading volume increased from $52 billion to $178 billion.