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Industries
Fintech
Financial Services
Company Size
51-200
Company Stage
Debt Financing
Total Funding
$40.2M
Headquarters
New York City, New York
Founded
2019
Kalshi allows traders to speculate on the outcomes of various events through a regulated platform. It offers a unique product called 'event contracts,' which lets investors bet on whether specific future events will happen, such as changes in Covid-19 statistics or legislative decisions in Congress. This approach expands the traditional futures market by addressing new economic risks. Kalshi caters to both individual investors and institutional traders who want to hedge against or speculate on significant events. The company earns revenue by charging transaction fees for trades made on its platform. What sets Kalshi apart from its competitors is its regulatory approval from the Commodity Futures Trading Commission (CFTC), making it the first federally regulated exchange of its kind in the U.S. The goal of Kalshi is to provide a transparent and compliant trading environment for those interested in event-based trading.
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Total Funding
$40.1M
Above
Industry Average
Funded Over
3 Rounds
Company Equity
Investors are rushing to throw millions at a hot startup called Kalshi as loans or even as unusual we’ll-figure-it-out later cash. Kalshi is an exchange
The Federal Reserve has its last FOMC meeting on July 27 before it breaks for 2 months. All eyes are on whether FED chair Jerome Powell will follow the market consensus of 75 basis points (bp) or look to a more aggressive 100bp as inflation continues to soar. The FED’s interest rate decision is expected at 2 PM ET on Wednesday, with the GDP data coming at 8.30 AM Thursday
Kalshi, a Silicon Valley-based online exchange that lets users trade on the outcome of real-world events, has raised $30 million in a Series A funding round led by Sequoia Capital.
Kalshi, a San Francisco, CA-based federally regulated exchange dedicated to trading on event outcomes, raised $30m in Series A funding. The round was led by Sequoia Capital with participation from Charles Schwab, chairman of Charles Schwab Corporation, Henry Kravis, co-chairman & co-CEO of KKR, SV Angel and previous investors including Neo and YC Continuity. The […]
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Industries
Fintech
Financial Services
Company Size
51-200
Company Stage
Debt Financing
Total Funding
$40.2M
Headquarters
New York City, New York
Founded
2019
Find jobs on Simplify and start your career today