CoinScoopPrediction Market Platform Kalshi in Talks for $1 Billion Funding Round
Event contract platform Kalshi is in advanced negotiations to raise $1 billion in a new funding round, which could value the company at approximately $40 billion. Sequoia Capital and Wellington Management are reportedly leading the talks, with participation from Tiger Global and Dragoneer. If finalized, this would mark a significant valuation increase from its previous $22 billion valuation in May 2026.
Summaries are written by AI from the original article. Not investment advice.