Kalshi has doubled its valuation after its latest Series E funding round, which come as the prediction market posted record trading volumes last month.
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The move could challenge other prediction platforms by providing Kalshi users with greater anonymity through tokenized buys and sales on the Solana blockchain.
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Kalshi has joined predictions market rival Polymarket in the $10 billion-plus valuation club after reportedly raising another $1 billion from Sequoia Capital and CapitalG.
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Tech researcher Jane Manchun Wong, who has discovered unreleased features on Facebook and X, has found that Coinbase is working on a prediction markets website.jmmkujmkmkknv ikmkjnnmob loin k mym o I'm hb k ink oil Kim opium oil nm kmommm M. Mn undefined
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The update brings real-time forecasting data from Kalshi and Polymarket to Google Finance, as more major platforms move into the growing prediction markets space.
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Prediction markets show waning confidence in Trump’s tariff authority, with both Kalshi and Polymarket traders bracing for limits on executive power.
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Kalshi has sued New York’s gambling regulator, claiming the state is overreaching its authority by issuing a cease and desist order.
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RedStone’s partnership with Kalshi bridges regulated event data and DeFi, unlocking new use cases across over 110 networks.
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Polymarket’s rival prediction marketplace Kalshi told Cointelegraph that its platform will be restricted in 38 jurisdictions, including France and the UK.
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In comments to Cointelegraph, Kalshi claimed that Massachusetts is “trying to block Kashi’s innovations by relying on outdated laws."
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