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KALSHI RAISES $1B AT $40B VALUATION The company’s market share in prediction markets has soared from 10% to over 80% in just 16 months. "Kalshi continues to experience significant growth, with Q4 revenue currently on track to surpass Robinhood's revenue." "The exchange has surpassed a $6 billion annualized trading fee revenue run rate (up from $4.6B in September)." "Growth is increasingly driven by diversification beyond traditional sports contracts, including crypto, commodities, and new derivatives products." In under 18 months, Kalshi has grown from $40M to $6B in annualized revenue, making it the fastest-growing company outside of AI.
