TechTrending across 3 sourcesThe Information1h ago
Kalshi raises $1 Billion at $40 Billion Valuation
Kalshi Raises $1 Billion at $40 Billion Valuation
TL;DRPrediction market platform Kalshi reaches $40 billion valuation in $1 billion funding round.
Why it matters: Signals major institutional bet on event derivatives and real-money forecasting markets gaining mainstream adoption.
Kalshi said it has raised $1 billion in funding at a $40 billion valuation after the investment in a round led by Wellington and Sequoia, confirming an August report from The Information. Other investors in the round include Baillie Gifford, Andreessen Horowitz, Coatue, Morgan…
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