Kalshi raises $300M to expand prediction markets to 140 countries

Kalshi raises $300M to expand prediction markets to 140 countries

By Cointelegraph
Polymarket's rival prediction marketplace Kalshi has announced international expansion to 140 countries with its latest $300 million raise.

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**Kalshi Secures $300M Funding Round for Global Prediction Markets Expansion**

Prediction markets platform Kalshi has raised $300 million in a major funding round to fuel its international expansion across 140 countries, positioning itself as a formidable competitor to blockchain-based Polymarket. This substantial investment signals growing institutional confidence in decentralized prediction markets and cryptocurrency betting platforms.

The funding enables Kalshi to challenge Polymarket's dominance in the DeFi prediction space, where users trade on real-world events using digital assets. Unlike purely cryptocurrency-based platforms, Kalshi operates as a regulated prediction market, potentially attracting traditional investors hesitant about unregulated blockchain protocols.

This expansion coincides with surging interest in prediction markets following recent political events and Bitcoin's price volatility. The $300 million raise demonstrates venture capital's bullish sentiment toward crypto-adjacent fintech platforms that bridge traditional finance and decentralized technologies.

Kalshi's global rollout could significantly impact the prediction markets ecosystem, offering regulated alternatives to purely DeFi protocols. As cryptocurrency adoption accelerates worldwide, regulated prediction platforms may capture market share from decentralized competitors while providing institutional-grade security and compliance frameworks for digital asset trading.

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bitcoin
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