Kalshi reportedly in talks for new funding round

VERA Brief

AI-generated. Grounded in the article and its cited sources.

The prediction market platform Kalshi is reportedly in talks for a new funding round that could value the company at $40 billion. This comes shortly after a previous funding round where the company was valued at $22 billion.

Key facts

• Kalshi is reportedly in advanced discussions for new funding.
• The company is reportedly seeking a valuation of $40 billion in this potential funding round.
• This follows a prior funding round approximately four months ago.
• In the earlier round, Kalshi was valued at $22 billion and reportedly raised $1 billion.
• The platform allows users to trade contracts based on the outcome of future events.