Tagged: Tarek Mansour

October 30, 2026 @ 5:51 pm By Omar Faridi  |  

Kalshi, the New York-based platform that lets users trade contracts on real-world events, has closed a $1 billion Series G round that values the company at $40 billion. The financing, announced on October 29, 2026, was co-led by Wellington Management and Sequoia Capital, with participation… Read More

March 2, 2026 @ 5:41 pm By Omar Faridi  |  

Prediction markets, platforms where users wager on real-world outcomes ranging from elections to geopolitical events, have surged in popularity as tools for forecasting and risk assessment. These markets aggregate collective wisdom through financial incentives, often outperforming traditional polls by incentivizing accurate predictions. However, recent developments… Read More