Kalshi Pursues New Funding Round Valued at $40 Billion

WHO:

Cointelegraph - Kalshi, a regulated prediction market company, is involved in the funding talks.

Techmeme - Sources indicate that Kalshi is the company seeking new funding.

WHAT:

Cointelegraph - Kalshi is reportedly in talks to raise new capital at a $40 billion valuation.

Techmeme - Kalshi is in talks to raise a funding round at a valuation of approximately $40 billion.

Techmeme - Kalshi raised $1 billion at a $22 billion valuation in May.

WHEN:

Techmeme - The new funding round may close as soon as Q3.

WHY:

Cointelegraph - The funding reflects growing investor confidence in regulated prediction markets.

Techmeme - Kalshi is rapidly growing and increasingly challenging established derivatives and betting rivals.

HOW:

Techmeme - Kalshi is in talks to raise funds, indicating a process of negotiation for new capital.

(UPDATED June 25, 2026 04:22 UTC)

Kalshi, a regulated prediction market company, is currently in talks to raise new funding at a valuation of approximately $40 billion, reflecting the growing investor confidence in this sector. The company previously raised $1 billion at a $22 billion valuation in May and is looking to close this new funding round as soon as Q3. As Kalshi continues to grow, it is increasingly challenging established rivals in the derivatives and betting markets.