{"id":13319,"date":"2025-06-26T15:20:51","date_gmt":"2025-06-26T09:50:51","guid":{"rendered":"https:\/\/thecatalystonline.com\/?p=13319"},"modified":"2025-06-26T15:20:51","modified_gmt":"2025-06-26T09:50:51","slug":"kalshi-raises-new-funds-amid-booming-interest-in-prediction-trading","status":"publish","type":"post","link":"https:\/\/catalyst2.paperboats.in\/?p=13319","title":{"rendered":"Kalshi raises new funds amid booming interest in prediction trading"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"alignright size-large is-resized\"><img decoding=\"async\" src=\"https:\/\/thecatalystonline.com\/wp-content\/uploads\/2025\/06\/Featured-Image-Edits-98-1024x683.png\" alt=\"kalshi , funding, ceo , tarek  , mansour , the , prediction , marketplace \" class=\"wp-image-13326\" style=\"width:330px;height:auto\"\/><figcaption class=\"wp-element-caption\">Image Credit : Fortune<\/figcaption><\/figure>\n<\/div>\n\n\n<p>Kalshi has raised $185 million in a funding round that values the prediction marketplace at $2 billion, its CEO <a href=\"https:\/\/www.linkedin.com\/in\/mansourtarek\/\" target=\"_blank\" rel=\"noopener nofollow\" title=\"Tarek Mansour\">Tarek Mansour<\/a> said in a post on X on Wednesday.<\/p>\n\n\n\n<p>The round was led by <a href=\"https:\/\/thecatalystonline.com\/wp-content\/uploads\/2024\/12\/thumbnail_IMG-20241221-WA0002-1.jpg\" target=\"_blank\" rel=\"noopener\" title=\"Crypto surge\">crypto<\/a>-focused investor Paradigm, Mansour said. Investment firms Sequoia, Multicoin, Neo and Bond Capital, and Citadel Securities CEO Peng Zhao also participated.<\/p>\n\n\n\n<p>Kalshi offers its users opportunities to profit from predictions on everything from sports and entertainment to politics and the economy. Such event contracts have&nbsp;exploded in popularity&nbsp;since the U.S. presidential election last year.<\/p>\n\n\n\n<p>Event contracts have stirred intense debate in financial markets in recent months. Proponents say they offer a more accurate way to predict real-world outcomes than traditional polls as they rely on traders with money at stake.<\/p>\n\n\n\n<p>Critics, however, argue that these contracts amount to a &#8220;backdoor to gambling,&#8221; a claim that Kalshi and its peers strongly dispute.<\/p>\n\n\n\n<p>Kalshi was founded in 2018 by Mansour and Luana Lopes Lara, who met while studying at the Massachusetts Institute of Technology.<\/p>\n\n\n\n<p>Following a&nbsp;successful court challenge&nbsp;against the Commodity Futures Trading Commission last year, the company gained approval to list contracts related to the White House race.<\/p>\n\n\n\n<p>The ruling also encouraged others waiting to dip their toes into the sector. Robinhood, best known for its stock trading app,&nbsp;launched a prediction markets hub&nbsp;in March.<\/p>\n\n\n\n<p>Kalshi&#8217;s rival, Polymarket, is also&nbsp;close to raising&nbsp;$200 million in a round that values it at more than $1 billion, Reuters reported on Tuesday.<\/p>\n\n\n\n<p>Content Courtesy &#8211; Reuters<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kalshi raises $185M in funding, reaching a $2B valuation, as CEO Tarek Mansour announces expansion of the prediction marketplace platform.<\/p>\n","protected":false},"author":1,"featured_media":13775,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"pmpro_default_level":"","footnotes":""},"categories":[55],"tags":[],"post_template":[],"top_category":[],"class_list":["post-13319","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-funding","pmpro-has-access"],"acf":[],"_links":{"self":[{"href":"https:\/\/catalyst2.paperboats.in\/index.php?rest_route=\/wp\/v2\/posts\/13319","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/catalyst2.paperboats.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/catalyst2.paperboats.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/catalyst2.paperboats.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/catalyst2.paperboats.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13319"}],"version-history":[{"count":0,"href":"https:\/\/catalyst2.paperboats.in\/index.php?rest_route=\/wp\/v2\/posts\/13319\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/catalyst2.paperboats.in\/index.php?rest_route=\/wp\/v2\/media\/13775"}],"wp:attachment":[{"href":"https:\/\/catalyst2.paperboats.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13319"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/catalyst2.paperboats.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13319"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/catalyst2.paperboats.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13319"},{"taxonomy":"post_template","embeddable":true,"href":"https:\/\/catalyst2.paperboats.in\/index.php?rest_route=%2Fwp%2Fv2%2Fpost_template&post=13319"},{"taxonomy":"top_category","embeddable":true,"href":"https:\/\/catalyst2.paperboats.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftop_category&post=13319"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}