{"id":91261,"date":"2025-11-21T11:47:14","date_gmt":"2025-11-21T08:47:14","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=91261"},"modified":"2025-11-21T11:50:23","modified_gmt":"2025-11-21T08:50:23","slug":"kalshi-valuation-soars-to-11-billion-after-funding-round","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/kalshi-valuation-soars-to-11-billion-after-funding-round\/","title":{"rendered":"Kalshi Valuation Soars to $11 Billion After Funding Round"},"content":{"rendered":"<p>The prediction platform Kalshi has secured $1 billion from Sequoia Capital and CapitalG. This deal has raised the company&#8217;s valuation to $11 billion, according to <a href=\"https:\/\/techcrunch.com\/2025\/11\/20\/source-kalshis-valuation-jumps-to-11b-after-raising-massive-1b-round\/\">TechCrunch<\/a>, citing informed sources.\u00a0<\/p>\n<p>Other investors include Andreessen Horowitz, Paradigm, Anthos Capital, and Neo.\u00a0<\/p>\n<p>In October, the project <a href=\"https:\/\/forklog.com\/en\/news\/kalshis-valuation-soars-to-5-billion\">received<\/a> $300 million, bringing its valuation to $5 billion. During this period, the annual trading volume exceeded $50 billion.\u00a0\u00a0<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cThis [funding] paves the way for Kalshi&#8217;s global expansion, opening the platform to traders outside the US and creating a truly unified prediction market,\u201d the team commented at the time.<\/em><\/p>\n<\/blockquote>\n<p>That month, <a href=\"https:\/\/forklog.com\/en\/news\/polymarket-and-kalshi-who-will-first-achieve-a-15-billion-valuation\">reports indicated<\/a> that the platform had received investment offers from several venture funds. Kalshi representatives also noted that they had opened access to users from more than 140 countries.\u00a0<\/p>\n<p>In the near future, the platform plans to create new types of prediction markets, integrate with more institutional players, and scale its infrastructure.\u00a0<\/p>\n<p>The company&#8217;s head of cryptocurrency, John Wan, <a href=\"https:\/\/forklog.com\/en\/news\/kalshi-ceo-outlines-plans-for-digital-expansion\">stated<\/a> that within a year, the platform would become part of all major blockchain applications and exchanges.<\/p>\n<p>By the end of October, Kalshi&#8217;s trading volume exceeded $4 billion, surpassing its main competitor <a href=\"https:\/\/forklog.com\/en\/news\/what-is-polymarket\">Polymarket<\/a>. Since the beginning of November, the figure reached $3.6 billion.\u00a0<\/p>\n<p><iframe loading=\"lazy\" width=\"100%\" height=\"420\" frameborder=\"0\" src=\"https:\/\/www.theblock.co\/data\/decentralized-finance\/prediction-markets-and-betting\/polymarket-and-kalshi-volume-monthly\/embed\" title=\"Polymarket and Kalshi Volume (Monthly)\"><\/iframe><\/p>\n<h2 class=\"wp-block-heading\">Coinbase&#8217;s Prediction Market<\/h2>\n<p>On November 20, independent researcher Jane Manchun Wong discovered interfaces for stock trading and prediction betting in the <a href=\"https:\/\/forklog.com\/en\/news\/what-is-coinbase\">Coinbase<\/a> mobile app code.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Coinbase is working on Prediction Market <a href=\"https:\/\/t.co\/0T3HwdXmDy\">pic.twitter.com\/0T3HwdXmDy<\/a><\/p>\n<p>\u2014 Jane Manchun Wong (@wongmjane) <a href=\"https:\/\/twitter.com\/wongmjane\/status\/1990905018602705093?ref_src=twsrc%5Etfw\">November 18, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Wong explained in a comment to <a href=\"https:\/\/www.theblock.co\/post\/379516\/coinbase-app-code-include-early-prediction-market-stock-trading-modules\">The Block<\/a> that she identified the relevant screens with \u201cStocks\u201d and \u201cPredictions\u201d sections through <span data-descr=\"the study of some finished device or program, as well as its documentation, in order to understand the principle of its operation\" class=\"old_tooltip\">reverse engineering<\/span> of the public version of the app.\u00a0<\/p>\n<p>One of the interfaces specifies that \u201cPrediction Markets\u201d are provided by Coinbase Financial Markets through KalshiEX LLC, indicating a likely integration with Kalshi.\u00a0<\/p>\n<p>When asked about the discovered prototypes, a Coinbase representative refrained from specific comments and recommended following the presentation scheduled for December 17.<\/p>\n<p>Earlier in November, the exchange <a href=\"https:\/\/forklog.com\/en\/news\/coinbase-unveils-platform-for-icos\">introduced<\/a> a platform for conducting <a href=\"https:\/\/forklog.com\/en\/news\/what-is-an-ico-and-can-you-profit-from-it\">ICOs<\/a>.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The prediction platform Kalshi has secured $1 billion from Sequoia Capital and CapitalG, raising its valuation to $11 billion.<\/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 $1B from Sequoia and CapitalG, valuation hits $11B.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[138,2364,1133],"class_list":["post-91261","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-coinbase","tag-kalshi","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"161","promo_type":"1","layout_type":"1","short_excerpt":"Kalshi secures $1B from Sequoia and CapitalG, valuation hits $11B.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/91261","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=91261"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/91261\/revisions"}],"predecessor-version":[{"id":91262,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/91261\/revisions\/91262"}],"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=91261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=91261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=91261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}