Kalshi, a prediction market that allows people to bet on future events, announced that it raised over $300 million at a $5 billion valuation. The company’s value has increased 2.5x since its last fundraise just three months ago, when it was valued at $2 billion . The fresh capital came from Kalshi’s existing investor, Sequoia Capital, with new investor Andreessen Horowitz co-leading the round . Paradigm Ventures, CapitalG, and Coinbase Ventures also participated. Kalshi also revealed that