Kalshi Raises $1B at $11B Valuation Amid Record Volumes and Potential Solana Integration
The post Kalshi Raises $1B at $11B Valuation Amid Record Volumes and Potential Solana Integration appeared on BitcoinEthereumNews.com.
Kalshi has secured a $1 billion Series E funding round, doubling its valuation to $11 billion amid record trading volumes in November. Led by Paradigm, the round includes major investors like Sequoia and Andreessen Horowitz, highlighting the surging demand for prediction markets in crypto and beyond. Kalshi’s trading volume hit $4.54 billion in November, a new record surpassing October’s figures. The platform’s growth reflects broader adoption of prediction markets for events from sports to geopolitics. Volumes have surged 1,000% since 2024, now exceeding $1 billion weekly, per platform data. Kalshi doubles valuation to $11B with $1B funding amid record volumes. Explore how prediction markets are transforming information and betting—read more for key insights and future expansions. What is the latest Kalshi funding round and its impact on valuation? Kalshi funding round has marked a significant milestone for the prediction market platform, raising $1 billion in a Series E round that values the company at $11 billion. This funding, announced on Tuesday, more than doubles its previous $5 billion valuation from a $300 million round in October. Led by crypto-focused venture firm Paradigm, the investment underscores the growing confidence in Kalshi’s model amid explosive trading activity. How has Kalshi’s trading volume contributed to its rapid growth? Kalshi’s trading volumes reached a peak of $4.54 billion in November, according to data from Token Terminal, outpacing its October record and signaling robust user engagement. This surge represents a 1,000% increase since 2024, with weekly volumes now consistently topping $1 billion, as reported by the platform itself. The growth is driven by integrations with major platforms and partnerships that broaden access to prediction markets, allowing users to bet on diverse outcomes from economic indicators to global events. Expert analysts note that such volumes demonstrate the platform’s reliability in aggregating crowd-sourced probabilities, reducing subjectivity in…
Filed under: News - @ December 3, 2025 3:27 am