Kalshi Soars to $11 Billion Valuation: How a $1 Billion Mega-Round and a Former Ballerina Are Redrawing the Prediction Market Map
New York — December 2, 2025 Kalshi, the U.S.-regulated prediction market that lets people trade on the outcome of real‑world events, has raised a stunning $1 billion Series E at an $11 billion valuation, more than doubling its price tag
