Kalshi valuation hits $22B as prediction market raises $1B amid legal uncertainty
By Editorial Team••Crypto Briefing
Kalshi's rapid growth amid legal challenges highlights the tension between innovation in prediction markets and regulatory frameworks, impacting future market dynamics. The post Kalshi valuation hits $22B as prediction market raises $1B amid legal uncertainty…
The CFTC-regulated prediction market doubled its valuation in five months, even as 17 states challenge its sports contracts and Congress probes insider trading concerns. Kalshi just raised $1 billion…