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Kalshi this week: Valuation enters the 10 billions club, will provide data to multiple mainstream news media outlets

Kalshi this week: Valuation enters the 10 billions club, will provide data to multiple mainstream news media outlets

BlockBeatsBlockBeats2025/12/05 04:12
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BlockBeats News, December 5, the prediction market platforms have seen rapid development recently, with both Kalshi and Polymarket reaching record monthly trading volumes in November. YZi Labs also announced its participation in the prediction markets Opinion and predict.fun.


This week, Kalshi announced the completion of a $1 billion financing round at a valuation of $11 billion, making Kalshi co-founder Lopes Lara the world's youngest self-made female billionaire. The platform subsequently announced several new business partnerships:


· Kalshi has partnered with Solana to migrate its prediction market on-chain;


· Kalshi has become the official prediction market partner of comprehensive news media CNN, with its data to be displayed in real time on news programs;


· The authoritative financial media CNBC announced that it will fully integrate Kalshi's prediction market data into its television, digital, and subscription platforms.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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