CathieWood talks about investing in Kalshi: Forecasting that the market is becoming a new financial infrastructure Kalshi is at the forefront of innovation

ARKInvest CEO Cathie Wood said ARK is pleased to participate in Kalshi's latest round of financing. It believes that predictive markets are becoming a powerful new financial infrastructure that enables real-time price discovery around events, probabilities and changes in world conditions. CathieWood said Kalshi is at the forefront of this innovation, and ARK is pleased to support such a team that continues to promote how the market gathers and expresses information boundaries, and congratulates it on completing this important milestone. It was previously reported that Kalshi announced the completion of a new round of US$1 billion in financing, led by CoatueManagement and participated by ARKInvest and others, with a post-investment valuation of US$22 billion. This is the company's third round of financing in the past seven months, and its valuation has roughly doubled after each new financing. Currently, Kalshi has approximately 2 million monthly active users, annualized transaction volume has reached US$178 billion, and annualized revenue exceeds US$1.5 billion.