KALSHI IS WORTH $65 BILLION AND HASN’T EVEN GONE PUBLIC 🤯📈
I can’t stop thinking that prediction markets are having their moment: Kalshi, the platform where people bet on the outcomes of real-world events like elections or sports, is negotiating a new funding round that would value it at $65 billion, according to Bloomberg. Just two weeks ago, it closed a $1 billion round at a $40 billion valuation, which was supposed to be the last one before going public. And its monthly volume has almost tripled: from $40 billion in August to nearly $100 billion in October.
I think this says a lot: while the crypto market is falling, people keep betting on what’s going to happen—and that’s already worth billions.
Would you bet on a prediction market, or do you prefer to stick with the usual cryptocurrencies?
#Kalshi
I can’t stop thinking that prediction markets are having their moment: Kalshi, the platform where people bet on the outcomes of real-world events like elections or sports, is negotiating a new funding round that would value it at $65 billion, according to Bloomberg. Just two weeks ago, it closed a $1 billion round at a $40 billion valuation, which was supposed to be the last one before going public. And its monthly volume has almost tripled: from $40 billion in August to nearly $100 billion in October.
I think this says a lot: while the crypto market is falling, people keep betting on what’s going to happen—and that’s already worth billions.
Would you bet on a prediction market, or do you prefer to stick with the usual cryptocurrencies?
#Kalshi
