Kalshi Secures $22 Billion Valuation in Coatue-Led Round

AI Summary

Kalshi Inc. has achieved a valuation of $22 billion following a recent funding round led by Coatue. This represents a significant increase in its valuation, highlighting the growing interest and potential in prediction markets.

Kalshi Inc. has completed a funding round that values the prediction markets platform at $22 billion, roughly doubling the previous valuation it secured five months ago.