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Kalshi raises another billion 💰

Kalshi raises another billion 💰

The prediction market has surged to a $22 billion valuation with its latest investment round, raising another $1 billion for its coffers.

Stephen Graves
May 07, 2026

📝 What you need to know

Prediction market Kalshi has raised a further $1 billion in a Series F funding round, bringing its valuation to $22 billion. The platform now claims to have captured 90% of prediction market activity, with founder and CEO Tarek Mansour arguing that event contracts could become a “trillion-dollar market.”

But it’s not all plain sailing for prediction markets. Kalshi faces multiple state-level lawsuits, sparking a legal tussle between states and the CFTC over who has authority to regulate the platforms in the U.S.

That’s only been intensified by scrutiny from lawmakers after allegations of insider trading, with a U.S. army soldier charged with using confidential information to place bets on Kalshi’s rival Polymarket. The U.S. Senate, meanwhile, has voted unanimously to ban staff and senators from trading on prediction markets.

Prediction Market Kalshi Boosts Valuation to $22 Billion With Fresh $1 Billion Investment

Kalshi has another billion dollars to play with as the U.S. prediction market leader continues to grow at a rapid pace.

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