Kalshi Valuation Surges to $22B with $1B Raise

Kalshi Secures $1 Billion in Funding, Valuation Reaches $22 Billion

• Kalshi has raised over $1 billion, increasing its valuation to $22 billion.
• This new valuation doubles from the company’s previous $11 billion in December.
• The prediction market sector processed approximately $27 billion in January and $23.4 billion in February 2026.
• FalconX reported a fourfold increase in prediction market volume to about $64 billion in 2025.
• MEXC launched a zero-fee prediction market as part of a broader shift towards integrating prediction products with other trading options.
• Polymarket is also exploring fundraising at a valuation near $20 billion, slightly below Kalshi’s current valuation.

Kalshi’s recent funding round led by Coatue Management has doubled its valuation to $22 billion, reflecting significant growth within the prediction market sector. This positions Kalshi ahead of competitors like Polymarket, which is targeting a similar valuation range. The industry’s rapid expansion is evident with substantial trading volumes reported by platforms such as FalconX and MEXC’s new market offerings.