Kalshi in talks to raise at least $750 million at a 40 billion valuation
đ° Kalshi is reportedly in advanced talks to raise at least $750 million at a target valuation of around 40 billion, with Sequoia Capital and Wellington Management among the potential investors.
đ If completed near that valuation, Kalshi would nearly double its value in roughly three months, up from $22 billion when it raised 1 billion in May 2026.
đ Growth has been supported by annualized revenue of around 4 billion as of July, with sports contracts accounting for more than 80% of trading volume.
đŠ Wellingtonâs potential participation alongside Sequoia suggests prediction markets are attracting greater interest from traditional institutional capital, as Kalshi has also previously discussed a possible IPO in 2027.
â ïž The funding round remains under negotiation, and Kalshi and the investors involved have not publicly confirmed the deal.
#PredictionMarkets $BNB $BTC $TRX
đ° Kalshi is reportedly in advanced talks to raise at least $750 million at a target valuation of around 40 billion, with Sequoia Capital and Wellington Management among the potential investors.
đ If completed near that valuation, Kalshi would nearly double its value in roughly three months, up from $22 billion when it raised 1 billion in May 2026.
đ Growth has been supported by annualized revenue of around 4 billion as of July, with sports contracts accounting for more than 80% of trading volume.
đŠ Wellingtonâs potential participation alongside Sequoia suggests prediction markets are attracting greater interest from traditional institutional capital, as Kalshi has also previously discussed a possible IPO in 2027.
â ïž The funding round remains under negotiation, and Kalshi and the investors involved have not publicly confirmed the deal.
#PredictionMarkets $BNB $BTC $TRX