Kalshi's Valuation Rises to $11 Billion Following $1 Billion Funding Round: TechCrunch

Funding and Valuation: Kalshi has raised an additional $1 billion from venture capital firms, led by Sequoia Capital and CapitalG, bringing its valuation to $11 billion, following a previous $300 million funding round in October.

Market Position: Kalshi and Polymarket are the leading prediction market platforms, with a combined trading volume exceeding $17.4 billion since September, with Kalshi holding 61.4% of that volume.

Regulatory Challenges: Polymarket, which faced regulatory issues and was barred from serving US residents since 2022, has recently returned in a "Beta Mode" and plans a full return later this month.

Integrations and Partnerships: Both Kalshi and Polymarket have secured significant integrations with major platforms, including Google Finance and Robinhood, enhancing their market presence and accessibility.