Kalshi Secures $300 Million in Funding on October 10, 2025

According to media reports, Kalshi raised $300 million in funding on October 10, 2025. The round was backed by investors including Andreessen Horowitz, Paradigm, Coinbase Ventures, Sequoia Capital, and CapitalG. With this round, Kalshi’s total funding has reached $515 million, and its latest valuation stands at $5 billion.Kalshi is a federally regulated prediction market platform that supports cryptocurrency deposits, allowing users to trade contracts tied to real-world events. Unlike traditional equities and derivatives, event-based trading contracts enable users to engage with a broader array of thematic areas. Both subject-matter experts and users interested in specific topics—such as news, finance, or popular culture—can generate returns through accurate predictions.Notably, Kalshi has shown strong momentum in its recent development. The platform has partnered with Pyth Network to enable on-chain circulation of prediction market data. Additionally, Kalshi has collaborated with Robinhood to launch prediction markets for NFL and college football events, successfully integrating with several major exchanges. Recently, the platform added support for native deposits of SOL and Solana-based USDC, and appointed prominent crypto figure John Wang as Head of Crypto Business, underscoring its commitment to deepening its presence in the cryptocurrency sector. According to the latest reports, Kalshi is in talks with potential investors, with its valuation expected to exceed $10 billion.