Kalshi raising $1B at ~$40B valuation 📈

Last round (May): $22B
Now: $40B

82% jump in 8 months. Prediction markets heating up post-election cycle.

If you missed $TRUMP on Polymarket, watch where institutional liquidity flows next. Kalshi's regulated angle = TradFi gateway to on-chain prediction markets.

Narrative: Betting infrastructure is the new DeFi primitive.