Kalshi, a prediction market platform that allows betting on various events including sports and politics, has raised $1 billion in funding to expand its services and attract institutional investors, while facing legal challenges from state regulators and increasing competition in the industry. #PredictionMarkets #Investment #FinancialTechnology #US #VE
Kalshi, the Prediction Market, Raises $1 Billion at a $22 Billion Valuation
