Kalshi raises $1B at $11B valuation, doubling value in under two months
Prediction market Kalshi, which allows people to bet on future events, announced It raised a $1 billion funding round at an $11 billion valuation on Tuesday, TechCrunch confirmed. Scoop from last month, The round was led by returning investor Paradigm, with participation from Sequoia Capital, Andreessen Horowitz, Capital G and other existing backers. The latest…