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Kalshi Finalizing New Funding at $40 Billion Value Ahead of IPO

Key Points

Kalshi Inc. is finalizing a new financing round that would value the prediction market platform at around $40 billion, according to people familiar with the matter. The deal is expected to be the startup’s last round before an initial public offering, which is anticipated as soon as next year, the people said.

Kalshi Inc. is finalizing a new financing round that would value the prediction market platform at around $40 billion, according to people familiar with the matter. The deal is expected to be the startup’s last round before an initial public offering, which is anticipated as soon as next year, the people said.
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Originally published by Bloomberg Technology Read original →