KALSHI coding platform worth $ 2 billion after the last financing round

The KALSHI Preditoring Market platform raised 185 million dollars in the C Tour led by Paradigm, as it reached a $ 2 billion -billion dollar money evaluation.

“People choose to work in Calchi, not because of the money we collected, but because of our ambition: building the most important financial market on this planet,” said CEO, Tara Mansour, said, Celebration News on x.

The tour led the project encryption company model with the participation of Sikoya, multiple, NEO and Bond Capital, and castle.

The first days of prediction markets

Matt Huang Model comparison The sector to the first days of Crypto and expects that the assets category may become trillion dollars.

“The prediction market reminds me of a lot of what I felt for encryption a decade ago: the emerging assets category on a road to trillion.”

Mansour stated that funding will tend to expand the company’s technology team so that it can integrate with more mediators. I have already been partnership with Robinhood Markets and Webull, which provides its customers with access to KALSHI contracts, I mentioned Wall Street Journal.

The timing is noticeable as the main Kalshi competitor, Polymarket, uses $ 200 million in about $ 1 billion before money from the Peter’s Founders.

KALSHI has an advantage for distinguished evaluation. It operates legally in the United States under CFTC, while polymers have been banned from the United States since 2022 and faced restrictions in many other countries, including the United Kingdom, France, Singapore and Thailand.

However, the governmental gambling organizers in Nevada and New Jersey are trying to actively prevent sports betting in Calish, on the pretext that sports betting should be organized at the state level, not federally.

In February, CFTC investigated Crypto.com and the Super Bowl SUABR BOWL event that seeks to clearly comply with the derivatives.

The sizes of the prediction market

The prediction market platforms, such as popular polymers, rose during the US presidential election in November; However, post -election trading volumes dramatically decreased.

The monthly trading volume of Polymarket was about $ 1.1 billion, a decrease of 56 % from its peak in November about $ 2.5 billion, According to To analyze sand dunes.

Kalshi has greatly installed it in sports betting, as it was about 80 % of the daily trading volume in March and April linked to sports.

Both companies benefit from the growing interest in predictive markets, although they take completely different ways to organize and reach the markets.