Kalsi raises $1B out of $11B total, more than two months worth

Kalshi Market Forecast, which allows people to gather in the future, blisters On Tuesday, it will raise $ 1 billion to pay $ 11 billion, confirmed techcrnch’s scoop from last month.

The round was led by Paradigm, with participation from Sequoia Capital, Horreesen Horowitz, capital g, and other investors. The latest funding comes two months after Kalsi announced it had raised $300 million to raise $5 billion.

Although trading platforms were popular last year when people were predicting the 2024 elections, a large part of Kalsi’s trading is actually tied to sports, according to New York sports.

Kalshi is he says Preparing to announce a partnership with CNN. In addition, future growth is expected from different companies using calcium to specific risks, such as governments change or climate change.

The Polysing Race, the Old Kalsi Race, was mentioned in the story Raising another line at $ 12 billion to $ 15 billion, Bloomberg says in October.