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Kalshi Raises $1B at $40B Valuation | ByteBrief

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PolicyCointelegraphabout 1 hour ago

Kalshi Raises $1B at $40B Valuation

2 min read

Prediction market platform Kalshi closed a $1 billion Series G funding round at a $40 billion valuation, reported Thursday. The company expanded non-sports revenue to over $1 billion annually while facing legal challenges from Utah and the CFTC regarding sports contracts.

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More to chew on!

Startupsabout 5 hours ago

Kalshi raised $1B led by Sequoia and Wellington Management at a $40B valuation, up from a $22B valuation after raising $1B in May, its last raise before an IPO (Lauren McCarthy/New York Times)

Finance3 days ago

Kalshi Partners with S&P Dow Jones

Crypto8 days ago

Kalshi Adds Bitcoin Collateral for Futures

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