GeneralMediumUpdated•Originally published 30 September 2026•Updated 30 September 2026•
1 min read
Kalshi in talks for new funding at $40B valuation
Key Facts
1Prediction market Kalshi is in advanced talks to raise new funding that could value the company at $40 billion.
2The platform's valuation has nearly doubled since a funding round four months ago that valued it at $22 billion.
Prediction market Kalshi is in advanced talks to raise new funding that could value the company at $40 billion. Reuters reported that the platform is seeking new capital as it scales its operations following rapid growth in the prediction market space.
The platform's valuation has nearly doubled since a funding round four months ago that valued it at $22 billion. This surge in valuation reflects the significant momentum for the major player in the fintech sector.
Latest Updates · 1
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Update: This funding round is part of a strategic push preceding the platform's initial public offering (IPO). The move aims to strengthen the company's financial position before listing its shares on public markets.