PANews
PANews|May 21, 2026 01:52
[Prediction Market Kalshi Secures an Additional $200 Million from Baillie Gifford and Layer Global] According to Bloomberg, sources familiar with the matter revealed that prediction market Kalshi has raised an additional $200 million from two new investors, Baillie Gifford and Layer Global, expanding on the previous $1 billion funding round led by Coatue Management. The company's valuation remains unchanged at $22 billion. Earlier this month, Kalshi announced the completion of a $1 billion Series F funding round led by Coatue Management, with a valuation of $22 billion. Other participants included Sequoia Capital, Andreessen Horowitz, IVP, Paradigm, Morgan Stanley, and ARK Invest. Kalshi's monthly trading volume in April exceeded $14 billion, with annualized revenue surpassing $1.5 billion.
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