Prediction Market Kalshi Hits $2 Billion Valuation in New Funding Round. The $185 million round will help the trading startup integrate with more brokers, CEO said. Kalshi, a startup that runs a prediction market allowing bets on events like elections and economic data releases, has hit a valuation of $2 billion in a new funding round. The $185 million round was led by Sequoia Capital and joined by previous investors, including Charles Schwab. Kalshi plans to use the new funds to integrate with more brokers and expand its market reach. The platform differentiates itself by allowing users to trade on the outcomes of specific events, rather than traditional assets like stocks or currencies.

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