> ## Content Index
> Fetch the complete content index at: https://www.theglobalbanker.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# Kalshi Raises USD 1 Billion Series F Led by Coatue at USD 22 Billion Valuation
- URL: https://www.theglobalbanker.com/kalshi-raises-1bn-series-f-coatue-22bn-valuation/
- Published: 2026-05-07T13:43:00.000Z
- Updated: 2026-10-06T18:14:06.000Z
- Description: The US prediction-market platform sealed a USD 1bn Series F led by Coatue at a USD 22bn valuation, roughly doubling its worth in about five months.
- Author: TGB Editorial Team
- Tags: Fintech, Americas

Kalshi, the United States prediction-market platform, has raised USD 1 billion in a Series F financing round led by Coatue Management at a valuation of USD 22 billion. The round, announced on 7 May 2026, roughly doubles the valuation Kalshi commanded in a fundraising completed about five months earlier.

Sequoia Capital, Andreessen Horowitz, IVP, Paradigm, Morgan Stanley and ARK Invest all took part in the round, according to the company.

#### COATUE LEADS THE ROUND

“Kalshi is building the leading platform for trading in real-world events,” said Philippe Laffont, Founder of Coatue. “Consumers have already embraced it, and we believe institutions will follow.”

Kalshi said institutional trading volume on its platform had increased 800% over the past six months, while annualised trading volume had more than tripled from USD 52 billion to USD 178 billion. It said it accounts for over 90% of US prediction-market activity and the majority of global volume.

Kalshi's previous round, a USD 1 billion raise announced on 2 December 2025, valued the company at USD 11 billion.

#### PROCEEDS TARGET INSTITUTIONAL ADOPTION

Kalshi said the fresh capital will be used to scale adoption of its platform among hedge funds, asset managers, proprietary trading firms and insurance companies, and to keep expanding its product suite, including block trading, upcoming risk products and deeper broker integrations. Kalshi said institutions are increasingly turning to event contracts to hedge real-world risk and access continuous, market-based signals on future outcomes.

“Event contracts could become a trillion-dollar market, and we’re still in the early stages of that transition,” said Tarek Mansour, co-founder and Chief Executive of Kalshi.

Kalshi operates as a prediction-market exchange regulated in the United States by the Commodity Futures Trading Commission.