{"id":95426,"date":"2026-03-20T10:10:50","date_gmt":"2026-03-20T07:10:50","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=95426"},"modified":"2026-03-20T10:15:24","modified_gmt":"2026-03-20T07:15:24","slug":"kalshi-secures-1-billion-surpasses-polymarket-in-market-valuation","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/kalshi-secures-1-billion-surpasses-polymarket-in-market-valuation\/","title":{"rendered":"Kalshi Secures $1 Billion, Surpasses Polymarket in Market Valuation"},"content":{"rendered":"

The prediction platform Kalshi has raised over $1 billion in a new funding round, boosting its valuation to $22 billion, according to Bloomberg<\/a>.\u00a0<\/p>\n

A source from the agency revealed that the deal was led by Coatue Management. The previous round took place in December, when the startup was valued at $11 billion, with capital provided by Paradigm, Sequoia Capital, Andreessen Horowitz, and ARK Invest.<\/p>\n

The Wall Street Journal reported<\/a> plans to raise new capital in March. Journalists noted that Polymarket<\/a> is also preparing a similar move to increase its market value from the current $9 billion<\/a> to $20 billion.<\/p>\n

Market Dynamics<\/h2>\n

Polymarket and Kalshi are two leaders in the growing prediction segment<\/a>. As of March, the former holds 53.1% of the market, while the latter accounts for 39.3%.\u00a0<\/p>\n

\"image\"
Source: Dune<\/a>.\u00a0<\/figcaption><\/figure>\n

In February, trading volumes on the platforms exceeded a record $18 billion. This month, the figure has already reached $13.2 billion. Of this amount, Kalshi processed $6.9 billion, while Polymarket handled $6.3 billion.\u00a0<\/p>\n