Kalshi in Talks to Raise Funds at $40 Billion Valuation, Nearly Doubling May Round
By
@cointelegraph
Summary
Prediction market platform Kalshi is reportedly in talks to raise new funding at a $40 billion valuation, nearly doubling its $22 billion valuation from May 2025. The company could close the round as soon as Q3 2025. Kalshi recently closed a $1 billion Series F led by Coatue Management with participation from major investors including Andreessen Horowitz, Sequoia Capital, Morgan Stanley, and Ark Invest. The valuation has rapidly escalated from $11 billion in December to $22 billion in May, and now potentially $40 billion.
Source
bskyKalshi in Talks to Raise Funds at $40 Billion Valuation, Nearly Doubling May Roundcointelegraph.comKey quotes
· 3 pulledKalshi is reportedly in talks to raise funds at a $40 billion valuation, nearly doubling its $22 billion valuation in May.
The company could close the new funding round as soon as the third quarter of this year, the Financial Times reported on Wednesday, citing people familiar with the matter.
Kalshi closed a $1 billion Series F in May, led by Coatue Management, with participation from Andreessen Horowitz, Sequoia Capital, Morgan Stanley and Ark Invest.
You might also wanna read
Kalshi hits record June trading volume as World Cup fuels prediction markets
Kalshi - Prediction Market for Trading the Future
kalshi.com·5d ago
Sarvam raises $300M Series B at $1.5B valuation led by HCLTech and Bessemer
Sarvam, India's full-stack sovereign AI company, announced a $300 million Series B funding round led by HCLTech and Bessemer Venture Partner
sarvam.ai·21d ago
Prediction Markets Surpass Traditional Political Fundraising with Billions in Trade Volume
The article examines the growing influence and massive financial scale of prediction markets in politics, using New York City's recent mayor
magazine.dirt.fyi·7mo ago
CNN and CNBC's undisclosed financial ties to Kalshi prediction market raise ethical concerns
This article investigates the financial relationships between major news networks (CNN and CNBC) and Kalshi, a prediction market platform. S
publicnotice.co·3h agoCNN and CNBC's undisclosed financial ties to Kalshi prediction market raise ethical concerns
This article investigates the financial relationships between major news networks (CNN and CNBC) and Kalshi, a prediction market platform. S
publicnotice.co·3h ago
The Rise of Prediction Markets: Betting on Everything from Politics to Pop Culture
The article discusses the rise of prediction markets like Polymarket and Kalshi, which allow betting on virtually any future event from Supe
The Verge·6mo ago
Comments
Sign in to join the conversation.
No comments yet. Be the first.