Kalshi in Talks for $1 Billion Raise at $40 Billion Valuation
Tiger Global and Dragoneer are discussing investments as Kalshi pursues a broader exchange business, with Sequoia and Wellington in talks to lead the round.
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Tiger Global and Dragoneer are discussing investments as Kalshi pursues a broader exchange business, with Sequoia and Wellington in talks to lead the round.
Prediction market platform Kalshi is reportedly seeking to raise at least $750 million at a $40 billion valuation after annualized revenue surpassed $4 billion.
Meta is reportedly building Arena, a standalone prediction markets app designed to compete with Polymarket and Kalshi.
Interactive Brokers launched a prediction markets platform with Kalshi, CME Group, and ForecastEx for event-based trading.
Kalshi has raised more than $1 billion in a new funding round, valuing the prediction market platform at $22 billion. The deal highlights growing investor interest in event-driven trading markets.
Kalshi launches tokenized event contracts on Solana, targeting crypto traders to boost liquidity and stay competitive against rising prediction market rivals.
Kalshi raises $1 billion, pushing the prediction-market platform’s valuation to $11 billion.
Google Finance will integrate prediction market data from Kalshi and Polymarket to display real-time event probabilities through AI-driven search.
Bernstein analysts say platforms like Polymarket and Kalshi are rapidly transitioning from niche experiments into legitimate financial products attracting institutional and Wall Street interest.