Kalshi Completes $200 Million Series F Extension Funding, Baillie Gifford and Layer Global Participate

Odaily Planet Daily News: According to sources familiar with the matter, prediction market platform Kalshi has raised an additional $200 million from Baillie Gifford and Layer Global, further expanding the $1 billion funding round previously led by Coatue Management. The company's valuation remains unchanged at $22 billion.

Previously, Kalshi announced the completion of a $1 billion Series F funding round earlier this month, with participation from Sequoia Capital, a16z, IVP, Paradigm, Morgan Stanley, and ARK Invest.

Data shows that Kalshi's monthly trading volume exceeded $14 billion in April this year, with an annualized revenue of over $1.5 billion. (Bloomberg)