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Event Brief

Kalshi valuation quadruples to $22bn

Kalshi’s valuation rose to $22bn after a $1bn fundraise led by Coatue.
WHO: Kalshi
WHAT: Kalshi raises $1bn in a fundraise led by Coatue, quadrupling its valuation to $22bn.
WHEN: May 7, 2026 at 11:20 AM ET
WHERE: Location not specified
WHY: The valuation increase followed the $1bn fundraise.

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