Browsing: fintech sector

Kalshi valuation has experienced a remarkable surge, doubling in just a matter of weeks and solidifying its position within the burgeoning prediction market.This impressive growth, propelled by a successful fundraising round that raised over $1.3 billion, has escalated Kalshi’s valuation from $5 billion to an astounding $11 billion.

Hong Kong is actively promoting increased investment in the fintech sector to boost innovation and drive technological transformation. Lee Ka-chao, a key figure in this initiative, emphasized the importance of attracting more investors to enhance… (via Bpaynews real-time desk)