Checked May 18 2026
Kalshi
The first US federally regulated prediction market exchange, where retail and institutional traders buy and sell binary event contracts on the outcomes of real-world events across politics, sports, economics, and more.
Source mix2 independent10 reported3 company7 data vendor
Evidence notes
Who uses it: Retail traders seeking speculative exposure to event outcomes, institutional traders and hedge funds using event contracts for hedging (e.g., weather, government shutdowns), media and political analysts using Kalshi prices as real-time probability signals,...[16]+4Reported
Public signals: Kalshi Raises $1 Billion at a $22 Billion Valuation as Institutional Adoption Accelerates[15]+1Reported
Financing: Total raised is $2,601,224,988.[18]
Source ledger
- [1]Robinhood Threatens Kalshi's Retail Flow | Sacra Chat
- [2]Kalshi vs Polymarket Sports and Politics | Sacra Chat
- [3]Kalshi raises $1B at $11B valuation, doubling value in under two months | TechCrunch
- [4]Kalshi Raises $1 Billion, Doubling Valuation to $22 Billion in New Funding Round - Bloomberg
- [5]Source: Kalshi's valuation jumps to $11B after raising massive $1B round | TechCrunch