Kalshi Raises $1B at $11B Valuation as Prediction Market Race Continues: TechCrunch

The CFTC-regulated exchange is gaining ground on crypto-native Polymarket, offering event contracts with fiat access and legal clarity.

source https://www.coindesk.com/markets/2025/11/20/kalshi-raises-usd1b-to-challenge-polymarket-in-usd11b-valuation-race-techcrunch