#wellington Tech News.
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StartupsCoinDeskabout 2 hours ago
Kalshi in talks for $750M raise at $40B valuationKalshi is in advanced talks with Sequoia Capital and Wellington Management to raise at least $750 million at a $40 billion valuation. The prediction market platform, which raised $1 billion at $22 billion in May, now generates $4 billion in annualized revenue and claims 95 percent of the U.S. prediction market.
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