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The prediction market platform Kalshi has completed a $1 billion financing round, with a valuation of $11 billion.

On December 2, big news broke in the crypto world: the prediction market platform Kalshi secured $1 billion in funding, with its valuation soaring to $11 billion.

This round of financing is quite explosive. It is important to note that the prediction market sector has been quietly developing. Kalshi's financing amount this time is like a shot in the arm for the entire industry. The $11 billion valuation also shows that capital is still optimistic about the future of on-chain prediction markets.

However, that being said, how to spend so much money next and whether it can truly create differentiated products is the key.

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SelfStakingvip
· 4h ago
A valuation of 11 billion means that, to put it plainly, it depends on whether they can actually produce something in the future; otherwise, it's just another money-burning story.
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BrokenRugsvip
· 4h ago
A valuation of 11 billion is indeed outrageous, but the real test is whether they can come up with innovative ideas moving forward.
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GateUser-a606bf0cvip
· 4h ago
11 billion valuation? This financing amount is indeed fierce, but I'm just afraid it will become the old routine of piling money without producing products.
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consensus_whisperervip
· 4h ago
A valuation of 11 billion is indeed outrageous, but it depends on whether Kalshi is really going to do something with this money or if it’s just another round of financing trap.
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ConsensusDissentervip
· 4h ago
A valuation of 11 billion is so high? It depends on whether they can really create something next, otherwise it's just a game of capital.
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WalletWhisperervip
· 4h ago
watching those wallet inflows post-funding... the behavioral patterns will tell us everything. capital allocation velocity is where the real signal lives, not the headline number itself
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