Kalshi This Week Update: Valuation Reaches Billion-Dollar Club, to Provide Data to Multiple Mainstream News Outlets

BlockBeats News, December 5th, the prediction market platform has developed rapidly recently, with both Kalshi and Polymarket seeing record monthly trading volumes in November, and YZi Labs also announced its investment in the prediction markets Opinion and predict.fun.

This week, Kalshi announced a $10 billion funding round at a $110 billion valuation, making Kalshi co-founder Lopes Lara the youngest self-made female billionaire in the world. The platform subsequently announced several new business partnerships:

· Kalshi partnered with Solana to migrate its prediction market to the blockchain;

· Kalshi became the official prediction market partner of the integrated news media CNN, with its data being used for real-time display on news programs;

· The reputable financial media CNBC announced the full integration of Kalshi's prediction market data into its TV, digital, and subscription platforms.