Report: Kalshi Valued at $11 Billion After $1 Billion Funding Round

Kalshi raised $1 billion at an $11 billion valuation, fueled by surging trading volume and returning investors Sequoia and CapitalG. Kalshi, a prediction‑market platform, secured a $1 billion financing round that values the company at $11 billion, people familiar with the deal told Techcrunch on Nov. 20, 2025; the round was led by returning backers […]