Lauren McCarthy / New York Times:

Kalshi raised $1B led by Sequoia and Wellington Management at a $40B valuation, up from a $22B valuation after raising $1B in May, its last raise before an IPO  —  The prediction market raised $1 billion in a new funding round and landed a market value almost double that of rival Polymarket.

Lauren McCarthy / New York Times:

Kalshi raised $1B led by Sequoia and Wellington Management at a $40B valuation, up from a $22B valuation after raising $1B in May, its last raise before an IPO  —  The prediction market raised $1 billion in a new funding round and landed a market value almost double that of rival Polymarket.

Source: TechMeme
Source Link: https://www.techmeme.com/261029/p23#a261029p23