PolicyThe Informationabout 2 hours ago
Kalshi Raises $1B at $40B Valuation
1 min read
Prediction market platform Kalshi secured $1 billion in Series G funding at a $40 billion valuation, co-led by Wellington Management and Sequoia Capital. This follows a prior $22 billion valuation, representing an 82% increase, as the company expands into multi-asset trading amid legal scrutiny over sports contracts from Utah and the CFTC.
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