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Kalshi's $22B Valuation, DraftKings' Prediction Push

Bloomberg Tech · May 12, 2026, 5:58 PM · Also reported by 1 other source

Bloomberg's Emily Nicolle and Chris Palmeri join Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Kalshi has completed a funding round that values the prediction markets platform at $22 billion. DraftKings said it would spend more on a new push into predictions markets. (Source: Bloomberg)

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Kalshi's $22B Valuation, DraftKings' Prediction Push

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