Kalshi in Talks for $1B Funding Round at $40B Value
Prediction market Kalshi is in advanced talks to raise about $1 billion in fresh funding at a $40 billion valuation. Tiger Global and Dragoneer are among the investors participating in the round.
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Prediction markets exchange Kalshi is in talks to raise $1B in fresh funding at a $40B valuation, people familiar with the matter said late Monday. The round follows a $1B fundraise in May that valued the firm at $22B. The capital injection aims to cement Kalshi's lead over rivals and expand its asset classes.
