Blockchain

Kalshi in Advanced Talks for $1B Raise at $40B Valuation: Reuters

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 30/09/2026, 06:42:25 UTC.

Briefings

Kalshi, a prediction-market exchange, is advancing negotiations to secure approximately $1 billion in funding from existing and new investors. The company is seeking a valuation of roughly $40 billion, with participation from major entities such as Tiger Global Management and Dragoneer Investment Group. This transaction is reported by Reuters on September 29, 2026, based on internal sources. The deal represents a significant expansion of the firm's capitalization, though specific terms and the exact timeline for closing remain undefined.

Key points

• Kalshi is negotiating a $1 billion funding round with a $40 billion valuation.
• Tiger Global Management and Dragoneer Investment Group are among the potential investors.

Context and limitations

Specifics on the exact closing date, final terms, and the full list of investors are not provided. The report relies on internal sources and does not confirm the final agreement status.

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