Funding Round · NewsBTC
Prediction Market Kalshi Reportedly Seeks New Funding At $40 Billion Valuation
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Key facts
- A $40 billion valuation would be notable in any fintech category
- Kalshi is reportedly seeking fresh funding at a valuation of around $40 billion, a striking figure that shows how quickly prediction markets have moved from niche trading venues to one of the most
- This article was written by the News Desk and edited by Samuel Rae
- The CFTC has been trying to assert federal oversight, while state regulators have raised concerns that some event contracts resemble gambling
Summary
Kalshi is reportedly seeking fresh funding at a valuation of around $40 billion, a striking figure that shows how quickly prediction markets have moved from niche trading venues to one of the most closely watched corners of financial technology. Kalshi is reportedly in talks to raise capital at a valuation of about $40 billion. The reported valuation would underline strong investor demand for regulated event-contract platforms. The funding story lands while prediction markets are also facing major regulatory battles.