The platform's growth trajectory has accelerated dramatically. Kalshi said it now generates $1.5 billion in annualized revenue while serving 2 million monthly users, capturing 90% of U.S. prediction market activity. Annualized trading volume reached $178 billion, more than tripling from $52 billion over the past six months.
"There are few categories in recent history that have scaled this quickly outside of AI," said Kalshi co-founder and CEO Tarek Mansour, in a statement. "Event contracts could become a trillion-dollar market, and we're still in the early stages of that transition."
Philippe Laffont, founder of Coatue, said in a statement that "Kalshi is building the leading platform for trading in real-world events. Consumers have already embraced it, and we believe institutions will follow."
