Kalshi Reaches $40 Billion Valuation in $1 Billion Funding Round
Kalshi said it raised $1 billion in a funding round co-led by Wellington and Sequoia, valuing the prediction-markets platform at $40 billion.
By Krystal HurKalshi, a prediction-markets platform, said Thursday it has hit a $40 billion valuation in a new $1 billion funding round co-led by Wellington and Sequoia.Other investors include Baillie Gifford, Stripes, Andreessen Horowitz, Coatue, Morgan Stanley Investment Management, Sequoia Globa…