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Kalshi raises $1.12 billion in private equity offering
Kalshi, a New York-based prediction market operator, has raised approximately $1.12 billion through a private equity offering that commenced on April 3, 2026. According to SEC filings, the company is working toward a total target of roughly $1.5 billion, with approximately $380 million still available. This follows a $1 billion Series F round in May 2026 that valued the firm at $22 billion.
The company is reportedly in discussions for an additional $750 million funding round that could potentially value the business at $40 billion. Kalshi’s growth is reflected in its trading activity; annualized trading volume reached $178 billion by April 2026, a significant increase from $5 billion the previous year. Institutional trading volume also saw an 800% increase in the six months leading up to April 2026.
Kalshi operates as a CFTC-regulated designated contract market, allowing users to trade on outcomes regarding elections, economic data, and sports. The company claims to hold a 90% to 95% share of the US prediction market and reports annualized revenues exceeding $2 billion. Additionally, Kalshi has entered a strategic partnership with The Weather Company to use meteorological data for verifying weather-related market outcomes.
Entities
Andreessen Horowitz · Coatue · Commodity Futures Trading Commission · Kalshi · Securities and Exchange Commission · Sequoia Capital
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 7 SOURCES] Kalshi has raised approximately $1.12 billion through a private equity offering that began on April 3, 2026. bitcoinethereumnews.com · www.criptotendencias.com · cryptobriefing.com · crypto.news · journalducoin.com · +2 more
- [● 6 SOURCES] The private equity offering has a total target of approximately $1.5 billion, with about $380 million still available. bitcoinethereumnews.com · cryptobriefing.com · crypto.news · journalducoin.com · cryptonomist.ch · +1 more
- [● 5 SOURCES] The company closed a $1 billion Series F round in May 2026, which valued the firm at $22 billion. bitcoinethereumnews.com · cryptobriefing.com · crypto.news · journalducoin.com · cryptonomist.ch
- [● 3 SOURCES] The company claims to hold a 90% to 95% share of the US prediction market. bitcoinethereumnews.com · cryptobriefing.com · cryptonomist.ch
- [● 2 SOURCES] Kalshi reports annualized revenues exceeding $2 billion. bitcoinethereumnews.com · cryptobriefing.com
- [● 2 SOURCES] Institutional trading volume increased by 800% over a six-month period leading up to April 2026. bitcoinethereumnews.com · cryptobriefing.com
- [● 3 SOURCES] Annualized trading volume reached $178 billion by April 2026. bitcoinethereumnews.com · cryptobriefing.com · cryptonomist.ch
- [● 5 SOURCES] Kalshi is reportedly in discussions for a $750 million funding round that could value the company at $40 billion. bitcoinethereumnews.com · cryptobriefing.com · crypto.news · journalducoin.com · cryptonomist.ch