Kalshi is in talks for a new round of financing at a $65 billion valuation.

1 days ago

According to a Bloomberg report, insiders familiar with the matter said prediction market platform Kalshi is in discussions with investors for a new funding round just weeks after closing a financing round at a $40 billion valuation, with a target valuation of $65 billion. The sources added that the previous round, announced by Kalshi in late October, was initially expected to be its final financing round ahead of an initial public offering (IPO), but the company later opted to continue raising capital via private markets. The source requested anonymity because the financing negotiations are not public.

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