Kalshi Secures $1B Funding, Valued at $11B
Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Venerdì
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Kalshi secures $1B funding, valued at $11B, as prediction markets gain traction. Kalshis competitor, Polymarket, also seeks funding, potentially valued at $12-15B. Both platforms saw significant growth, with Kalshi reaching $50B in annualized trading volume. Despite controversy, Kalshi operates in the U.S., while Polymarket re-enters the market with CFTC approval.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
