Watch Kalshi's $22B Valuation, DraftKings' Prediction Push - Bloomberg

May 12th, 2026

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

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.

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