Kalshi plans to raise approximately 1 billion dollars at a valuation of 40 billion dollars

According to a report by Reuters, informed sources revealed that the prediction market platform Kalshi is in deep negotiations for a new round of financing of approximately $1 billion, with a valuation of about $40 billion, led by Sequoia Capital and Wellington Management, with participation from Tiger Global Management and Dragoneer Investment Group.

In May of this year, Kalshi completed a $1 billion Series F financing, with a valuation of $22 billion.