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BSCN·2025-12-03 04:36
KALSHI SECURES $1B AT $11B VALUATION: DETAILS- Kalshi raised $1 billion in a new round that pushes its valuation to $11 billion, led by Paradigm, per New York Times.- The platform was valued at $5 billion earlier this year, with Sequoia Capital and Andreessen Horowitz leading the round.- Kalshi runs a CFTC-regulated prediction market where users trade contracts tied to real-world outcomes.- Politics, sports, economics, entertainment, every contract prices the probability of something happening.Why Investors ...