Kalshi Raises $1B at $22B Valuation in Series F Round

Kalshi raised $1 billion in a Series F round at a $22 billion valuation, with Coatue leading the investment. Kalshi said it now serves 2 million monthly users, generates $1.5 billion in annualized revenue, and captures 90% of U.S. prediction market activity. Weekly trading volume reached $3 billion, up from $100 million a year ago.

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