🚨 BREAKING 🚨
💰 Prediction market platform Kalshi is in advanced talks to raise at least $750 million in a new funding round valuing the company at $40 billion.
📈 The proposed valuation would represent an 82% increase from the company's $22 billion valuation in May 2026, highlighting extremely rapid growth.
🏦 Sequoia Capital is expected to increase its existing investment, while Wellington Management could join as a new institutional investor.
🚀 Kalshi is reportedly generating $4 billion in annualized revenue, driven primarily by its expanding sports prediction market business. More than 80% of trading volume comes from sports contracts.
⚔️ The funding round would significantly widen Kalshi's lead over rival Polymarket, which was previously reported to be seeking funding at a $20 billion valuation.
🏆 Kalshi claims to control 95% of the U.S. prediction market by revenue, strengthening its position as the dominant player in the sector.
🧭 The company is also considering a potential IPO in 2027, making this fundraising round an important step toward a future public listing.
$BTC $ETH
#Kalshi
💰 Prediction market platform Kalshi is in advanced talks to raise at least $750 million in a new funding round valuing the company at $40 billion.
📈 The proposed valuation would represent an 82% increase from the company's $22 billion valuation in May 2026, highlighting extremely rapid growth.
🏦 Sequoia Capital is expected to increase its existing investment, while Wellington Management could join as a new institutional investor.
🚀 Kalshi is reportedly generating $4 billion in annualized revenue, driven primarily by its expanding sports prediction market business. More than 80% of trading volume comes from sports contracts.
⚔️ The funding round would significantly widen Kalshi's lead over rival Polymarket, which was previously reported to be seeking funding at a $20 billion valuation.
🏆 Kalshi claims to control 95% of the U.S. prediction market by revenue, strengthening its position as the dominant player in the sector.
🧭 The company is also considering a potential IPO in 2027, making this fundraising round an important step toward a future public listing.
$BTC $ETH
#Kalshi