Key Points
- •Kalshi raises $300M in Series D, valued at $5B.
- •Global expansion covers 140+ countries.
- •Kalshi now holds 60% of global prediction market activity.
Kalshi, a prediction market platform, announced it raised $300 million in a Series D round, led by top venture firms, achieving a valuation of $5 billion globally.
Kalshi's expansion into over 140 countries and $50 billion in trading volume shows its intent to dominate the prediction market, attracting substantial institutional interest and investment.
Kalshi has officially raised $300 million in a Series D round, reaching a valuation of $5 billion. The funding round, described as massively oversubscribed, was led by top venture capital firms including Andreessen Horowitz and Sequoia Capital.
The leadership, comprising CEO Tarek Mansour and co‑founder Luana Lopes Lara, has focused on expanding global reach. Kalshi is now operational in over 140 countries. The company emphasizes establishing mainstream event‑based trading under rigorous regulatory standards.
Kalshi recently raised $300M+ at $5B from Sequoia, a16z, Paradigm and others. Since then, we've grown over 3x, hit $50B of annualized volume, and became the largest prediction market in the world. And today…Kalshi goes global. 140+ countries. 1 liquidity pool. - Tarek Mansour, CEO, Kalshi, Source
The fundraising will likely accelerate Kalshi's growth in global prediction markets, evidenced by a projected annualized trading volume of $50 billion. Investors signal strong institutional confidence in these markets.
The involvement of firms like Coinbase Ventures highlights significant intersections with the crypto industry, despite Kalshi not being a blockchain project itself. This further deepens potential integrations between traditional finance and crypto sectors.
Kalshi's global liquidity pool aims to streamline prediction market activities across various regions. The regulatory compliance maintained through the Commodity Futures Trading Commission underscores its commitment to institutional standards.
Historical trends suggest increased VC interest in prediction markets may prompt more institutional players to enter. The company's operational expansion represents a crucial phase, potentially encouraging more mainstream engagement. Kalshi continues to grow and dominate the event‑based trading sector.