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Wu Blockchain (@WuBlockchain): According to TechCrunch, Kalshi recently closed a $1 billion funding round at an $11 billion valuation, led by existing backers Sequoia and CapitalG,…

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According to TechCrunch, Kalshi recently closed a $1 billion funding round at an $11 billion valuation, led by existing backers Sequoia and CapitalG, with participation from a16z, Paradigm, and others. The platform now reports $50 billion in annualized trading volume and offers event contracts in more than 140 countries, while continuing to face legal challenges from certain U.S. state regulators. https://t.co/KPW1lbhZX0

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