🪙 Cryptocurrency 7h ago · Whitney Nyantune

Kalshi Weighs $1B Funding Round at Nearly $40B Valuation as It Expands

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Kalshi Weighs $1B Funding Round at Nearly $40B Valuation as It Expands
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Kalshi is considering a funding round of about $1 billion at a valuation near $40 billion, according to reports, as the prediction-market operator expands beyond event contracts.



Sequoia Capital and Wellington Management are in talks to participate, while Tiger Global Management and Dragoneer Investment Group are also considering joining. The discussions remain ongoing, and the deal size and valuation could change.



Funding Talks Continue



Kalshi last raised $1 billion in May at a $22 bil

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