Kalshi hits $5B valuation days after rival Polymarket gets $2B NYSE backing at $8B

Kalashi, a prediction market that people allow to bet on future events, announced that it has collected more than $ 300 million in $ 5 billion assessment. The company’s value has increased by 2.5x since last fund raising just when it was valuable $ 2 billionThe

New investor Andresen Harovits with the existing investor of the new capital Kalashi came from Sikoia Capital Round is giving co-leadershipThe Paradise Ventures, Capitalism and Coinbase Ventures also participated.

Kalashi has also revealed that customers from 4 countries can now bat on his platform.

The forecast market is watching a dramatic enthusiasm in the activity: Kalashi is ready to arrive at $ 50 billion in the annual trading volume, the last year has increased significantly from the volume of nearly $ 300 million, New York Times Report

A followed by a few days ago after the declaration of Fund of Salashi has been followed ArchrivalWhich revealed that it has invested up to $ 2 billion from the Intercontinental Exchange (ICE) owner of the New York Stock Exchange, with a pre-meaning evaluation of $ 1 billion. This deal priced at $ 8 billion pre-meaning to Polymerket, it just two months ago in August a monument increased from its $ 1 billion evaluation.

Both Kalashi and Polymerkets emerged last year and their forecasts on the outcome of the presidential election attracted significant attention to the market.

After the negotiations with the Future Trading Commission (CFTC), Polymerket has been banned from serving US residents since 2022. In July, the company earned a Derivatives Exchange and a Clearing House. This move helped Polymerkett to get the right to re -enter the US market. Last month, Shayen Koplan, the CEO and founder of the organization, X says: “Polymerket is given green light to go straight to the United States by CFTC.”

Kalashi had secured the right to use the platform after Americans CFTC suit successfully Last year.