CoinScoopPrediction Market Kalshi Eyes $40 Billion Valuation in New Funding Round
Prediction market platform Kalshi is in advanced talks to raise approximately $1 billion, potentially valuing the company at $40 billion. The round, which may be led by Tiger Global Management and Dragoneer Investment Group, follows a $22 billion valuation achieved in May 2026. Kalshi is expanding into a broader trading platform and considering a future IPO as it competes with rivals like Polymarket.
Summaries are written by AI from the original article. Not investment advice.