{"id":89821,"date":"2025-10-11T16:36:26","date_gmt":"2025-10-11T13:36:26","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=89821"},"modified":"2025-10-11T16:40:13","modified_gmt":"2025-10-11T13:40:13","slug":"kalshis-valuation-soars-to-5-billion","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/kalshis-valuation-soars-to-5-billion\/","title":{"rendered":"Kalshi’s Valuation Soars to $5 Billion"},"content":{"rendered":"

The prediction platform Kalshi secured<\/a> $300 million following a Series D funding round led by Andreessen Horowitz and Sequoia Capital.<\/p>\n

The company’s valuation has reached $5 billion.<\/p>\n

According to the press release, venture firm Paradigm took a “significant part” in the investments. Other participants in the round included Coinbase Ventures, General Catalyst, Spark Capital, and CapitalG.<\/p>\n

\n

“This [funding] paves the way for Kalshi’s global expansion, opening the platform to traders outside the US and creating a truly unified prediction market,” the statement said.<\/p>\n<\/blockquote>\n

Kalshi noted that they have opened platform access to users from more than 140 countries. The funds raised have enabled the creation of a unified liquidity pool, connecting “traders worldwide.”<\/p>\n

The company’s immediate plans include creating new types of prediction markets, integrating with more institutional structures, and scaling infrastructure.<\/p>\n

Kalshi Maintains Market Leadership<\/h2>\n

In September, Kalshi displaced<\/a> its main competitor, Polymarket, from the leading position in the segment. The platform’s share in the global trading volume of the prediction market exceeded 60%.<\/p>\n

According to the dashboard on Dune<\/a>, Kalshi is increasing its dominance. Over the past week, trading volume exceeded $956 million, more than double that of Polymarket.<\/p>\n

\"Prediction
Source: Dune.<\/figcaption><\/figure>\n

Kalshi operates in the US as a platform regulated by the Commodity Futures Trading Commission (CFTC).<\/p>\n

Polymarket is preparing to return to the country after several years of legal operations exclusively outside its borders. In July, the company acquired the regulated derivatives exchange QCEX for $112 million<\/a>.<\/p>\n

In the same month, Polymarket’s founder and CEO Shane Coplan confirmed<\/a> the US Department of Justice’s termination of its investigation into the platform. The CFTC also withdrew previously raised claims.<\/p>\n

According to experts<\/a>, Kalshi’s success is largely due to its focus on sports event betting. This sector has become one of the fastest-growing in the United States since the Supreme Court lifted the federal ban on such practices in 2018.<\/p>\n

In May, Kalshi reached<\/a> a settlement with the CFTC. The conflict arose in 2024 when the regulator challenged the launch of prediction markets for the November elections on the platform. As a result, both parties dropped their claims, bearing their own legal costs.<\/p>\n

As reported by the media, Polymarket is considering raising additional funding, which would bring the platform’s valuation to $9 billion<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The prediction platform Kalshi secured $300 million following a Series D funding round led by Andreessen Horowitz and Sequoia Capital.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Kalshi secures $300M in Series D, led by Andreessen Horowitz and Sequoia Capital.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[2364,1595,1133],"class_list":["post-89821","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-kalshi","tag-prediction-markets","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"218","promo_type":"1","layout_type":"1","short_excerpt":"Kalshi secures $300M in Series D, led by Andreessen Horowitz and Sequoia Capital.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/89821","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=89821"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/89821\/revisions"}],"predecessor-version":[{"id":89822,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/89821\/revisions\/89822"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=89821"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=89821"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=89821"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}