Kalshi raised a $300M+ Series D at a $5B valuation, expands to 140 countries, and is on track for $50B in annualized trading volume, up from $300M in 2024
The fund-raising round comes as online prediction marketplaces gain mainstream prominence. — Online prediction markets have jumped …
Kalshi recently raised $300M+ at $5B from Sequoia, a16z, Paradigm and others. Since then, we've grown over 3x, hit $50B of annualized volume, and became the largest prediction market in the world. And today...Kalshi goes global. 140+ countries. 1 liquidity pool. [video]
Today we are announcing that a16z is co-leading the Series D in @Kalshi, a regulated exchange for trading on prediction markets. Prediction markets are a modern implementation of a classic economic idea, one most clearly articulated by Friedrich Hayek. Hayek and the knowledge [im…