Kalshi In Talks To Raise Funds At $40 Billion Valuation
Kalshi is in talks to raise a new funding round at a valuation of approximately $40 billion, nearly doubling the valuation from a $1 billion fundraise it closed last month. The prediction market platform aims to close the deal as early as the third quarter of 2026, according to the Financial Times.
Investors including Coatue, Sequoia Capital, Andreessen Horowitz and Morgan Stanley participated in the previous round. Trading volume at the exchange-based platform surged to more than $17 billion in the past month, up from less than $5 billion a year earlier. Sports betting contracts accounted for roughly 65% of that total.
From the sources (10 posts)
@thestalwartFYI, Bloomberg broke the news that the company is considering doing a new equity fundraise
@aggrnewsKALSHI IN TALKS TO RAISE FUNDS AT $40BN VALUATION: FT
@negligible_cap*KALSHI IN TALKS TO RAISE FUNDS AT $40B VALUATION: FT 1 month after Kalshi raised $1B at a $22B valuation. Kalshi moving quick
@ftPredictions market Kalshi in talks to raise funds at $40bn valuation
@degeneratenewsBREAKING: PREDICTIONS MARKET @Kalshi IN TALKS TO RAISE FUNDS AT $40 BILLION VALUATION SOURCE: @FinancialTimes -
@deitaoneKALSHI IN TALKS TO RAISE FUNDS AT $40BN VALUATION: FT
@wublockchainFT: Kalshi Reportedly Seeks New Funding at a $40 Billion Valuation According to the Financial Times, prediction market platform Kalshi is in talks to raise a new funding round at a valuation of approximately $40 billion, with the deal pote
@tyler_did_itKalshi is a runaway train Likely pops to $100B at IPO
@farokhKalshi is seeking a 40 BILLION dollar valuation... the prediction market mania continues and the TAM is only getting bigger!
@coindeskLATEST: @Kalshi is seeking to raise new capital at a valuation of about $40 billion, nearly doubling the $22 billion valuation from its previous funding round, per FT Read the full story by @HeleneBraunn on CoinDesk