Kalshi has secured over $1 billion in new funding at a $22 billion valuation, led by Coatue Management-doubling its value from just months ago.
The surge reflects mounting investor confidence in prediction markets, which processed $27 billion in January 2026 alone. Industry data shows the sector’s volume nearly quadrupled in 2025, reaching $64 billion.
Kalshi now stands as a dominant player, with weekly trading volumes exceeding $1 billion. The company outpaces rival Polymarket, which is reportedly seeking funding near a $20 billion valuation.
Meanwhile, crypto exchanges like MEXC are entering the space with zero-fee prediction markets, signaling broader institutional interest in event-based trading.