Key Notes

The fintech platform's trading volume surged 200X while its user base grew 20X over the past year.

Kalshi now commands over 60% of global prediction market activity despite previously operating only in the US.

The company navigated significant regulatory challenges with the CFTC throughout 2024 before expanding internationally.

Kalshi , a fintech platform that facilitates the trading of “event contracts,” recently announced it was expanding its prediction markets to more than 140 countries after successfully raising $300 million in a Series D funding round.

The firm’s CEO, Tarek Mansour, said in a post on X that the Series D was led by Sequoia and a16z, with participation from Paradigm, Coinbase Ventures, General Catalyst, CapitalG, Spark, Kevin Hart, Kevin Durant, Rich Kle

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