Kalshi seeks to raise at least $750 million at a $40 billion valuation, with 30-day trading volume reaching $14.1 billion
Odaily reports: Prediction market platform Kalshi is seeking to raise at least $750 million at a $40 billion valuation, doubling its $22 billion valuation from six months ago. The platform was approved as a designated contract market by the U.S. Commodity Futures Trading Commission (CFTC) in 2021.As of September 4, Kalshi's trading volume over the past 30 days reached $14.1 billion, while Polymarket's stood at $3.1 billion, with Kalshi accounting for approximately 82% of their combined trading volume. More than 80% of Kalshi's trading volume comes from sports events. (Bitcoin.com News)
