Kalshi
Kalshi operates a regulated event-contract exchange where users trade on the outcomes of real-world events.
$22BLatest valuationSeries F, May 2026
PrivatePublic statusNo confirmed listing
Prediction marketsBusiness focusCompany profile
$1BLatest fundingSeries F, May 2026
The Company
Kalshi operates a regulated event-contract exchange for trading on the outcomes of real-world events.
It announced a $1 billion Series F at a $22 billion valuation in May 2026.
Why It Matters
Kalshi is a consequential test of whether regulated prediction markets can become a durable financial-market category. Its growth also has direct read-through for adjacent platforms such as Polymarket.
Valuation History
What Changed
Announced $1B Series F at a $22B valuation.
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