Kalshi in advanced talks to raise new funding at $40B valuation: Reuters
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Kalshi is in advanced talks to secure fresh financing at a $40 billion valuation, Reuters reports, doubling the $22 billion figure from its $1 billion round just four months earlier after a prior valuation surge in December. The deal could flood the prediction‑market platform with capital, likely accelerating product expansion and intensifying competition within the broader crypto‑adjacent derivatives ecosystem.
The prediction market was valued at $22 billion in a $1 billion funding round just four months ago, after doubling its valuation from December.