💲Crypto
Kalshi has completed a new $1 billion funding round at an $11 billion valuation, led by existing investors Sequoia and CapitalG, with additional backing from a16z, Paradigm, and others. The platform now claims an annualized trading volume of $50 billion and provides event contracts to users in more than 140 countries, though it still faces legal pushback from some U.S. state regulators.
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