Kalshi hits $22 billion valuation after $1 billion raise led by Coatue

Kalshi reached a $22 billion valuation after raising $1 billion in Series F funding led by Coatue, with institutional volume increasing by 800% since November 2025. This significant investment round has propelled Kalshi to a notable position. The funding was led by Coatue, highlighting the investor's confidence in Kalshi.