According to @CoinMarketCap, TechCrunch reports that prediction market platform Kalshi raised $1 billion in a funding round led by Sequoia Capital and CapitalG, bringing its valuation to $11 billion (source: TechCrunch via @CoinMarketCap). Traders tracking the prediction markets sector can use Kalshi’s $11 billion valuation as the latest private-market benchmark reported by TechCrunch for event-trading platforms (source: TechCrunch via @CoinMarketCap).