Startups

Kalshi closes $1B Series F, valuation doubles 11B to 22B in 5 months

Prediction market Kalshi raised $1B Series F led by Coatue, doubling valuation to $22B in 5 months. Institutional trading volume surged 800% in 6 months; US market share exceeds 90%.

Primary sources · 2
← View the full 2026-05-22 (Fri) issue
What you're reading now arrives in your inbox daily at 21:00 UTC.

Get today's brief every day at 21:00 UTC

7 must-reads · 17 fields · tracked storylines delivered to your inbox daily. Pick only the fields you want; unsubscribe anytime.

Past issues →