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KALSHI HITS $40 BILLION VALUATION AFTER $1 BILLION FUNDING ROUND Prediction-market platform Kalshi has reached a $40 billion valuation afte…

KALSHI HITS $40 BILLION VALUATION AFTER $1 BILLION FUNDING ROUND Prediction-market platform Kalshi has reached a $40 billion valuation after raising $1 billion in a funding round co‑led by Wellington and Sequoia. Additional investors include Andreessen Horowitz, Morgan Stanley Investment Management, Coatue and CapitalG. Kalshi also reported more than $1 billion in annualized revenue from non‑sports contracts, highlighting demand beyond sports‑related markets.
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