Kalshi locks in $22 billion valuation, gaining slight edge over its fierce rival Polymarket
Kalshi, the largest prediction market in the U.S., now boasts a $22 billion valuation, as it jumps ahead of its main competitor Polymarket. The investment firm Coatue Management is leading a $1 billion investment round at the new valuation, according to the Wall Street Journal. A spokesperson for Kalshi declined to comment on the raise. Kalshi’s valuation comes as the...









