PANews reported on March 20th that, according to Bloomberg, prediction market platform Kalshi has completed a new funding round of over $1 billion, valuing the PANews reported on March 20th that, according to Bloomberg, prediction market platform Kalshi has completed a new funding round of over $1 billion, valuing the
Prediction market Kalshi has completed a new funding round of over $1 billion, valuing the company at $22 billion.
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
PANews reported on March 20th that, according to Bloomberg, prediction market platform Kalshi has completed a new funding round of over $1 billion, valuing the company at $22 billion, more than double its $11 billion valuation in December of last year. Sources familiar with the matter revealed that the funding round was led by Coatue Management. Kalshi currently has annualized revenue of $1.5 billion.
Founded in 2018, Kalshi saw a surge in popularity after a court granted it permission to offer election trading in 2024. Operating as a CFTC-regulated financial exchange, the company can conduct business nationwide under federal rules. Its trading volume surpassed $10 billion in February, a 12-fold increase from six months prior. Despite recent criminal lawsuits and regulatory controversies in states like Arizona, investors remain enthusiastic about the rapidly growing market.
Market Opportunity
Ucan fix life in1day Price(1)
$0.0003432
$0.0003432$0.0003432
USD
Ucan fix life in1day (1) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
World Liberty Financial’s Stunning $12.5M WLFI Deposit to Binance Reveals Major Treasury Strategy
BitcoinWorld World Liberty Financial’s Stunning $12.5M WLFI Deposit to Binance Reveals Major Treasury Strategy In a significant cryptocurrency market movement,
Share
bitcoinworld2026/03/20 12:25
Forward Industries Funds US$27M Buyback With Solana-Backed Loan
A Galaxy loan secured by staked SOL underpins Forward’s latest buyback, as the firm leans on its crypto treasury instead of selling assets. The post Forward Industries
Share
Cryptonews AU2026/03/20 12:25
Coinbase Issues Cryptocurrency Call to US Justice Department: “Solve Urgent Problems!”
The post Coinbase Issues Cryptocurrency Call to US Justice Department: “Solve Urgent Problems!” appeared on BitcoinEthereumNews.com. Coinbase, the largest cryptocurrency exchange in the United States, stated that there should be uniform cryptocurrency regulation in the country. At this point, Coinbase sent a letter to the US Department of Justice requesting that federal regulators prevent state regulations from conflicting with national crypto policies and ensure uniform regulatory clarity. Coinbase’s request comes after the state of Oregon filed a lawsuit against Coinbase for unregistered securities, despite the SEC withdrawing its lawsuit against the cryptocurrency exchange. Coinbase states that although the country’s top regulator, the SEC, withdrew its lawsuit, states are filing lawsuits in defiance of the SEC’s decision. In the letter, addressed by Coinbase Legal Counsel Paul Grewal, he stated: “Despite the Trump administration’s positive regulatory efforts, crypto companies are being negatively impacted by states’ flawed interpretations of securities laws and their divergent actions. If Oregon can sue us for services that are legal under federal law, we have a problem. It has long been clear that the current patchwork of state laws is not only inefficient, but also slows innovation and harms consumers. At this point, the Justice Department should take steps to address the pressing issues by calling on Congress to step in and enact comprehensive and uniform regulations.” Oregon Attorney General Dan Rayfield filed a lawsuit against Coinbase last April, alleging that Coinbase was promoting the sale of unregistered cryptocurrencies to individuals in Oregon. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/coinbase-issues-cryptocurrency-call-to-us-justice-department-solve-urgent-problems/
Share
BitcoinEthereumNews2025/09/18 05:06
