Blockchain

Kalshi Raises $1B at a $40B Valuation as Prediction Market Fees Soar

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 02/11/2026, 18:38:24 UTC.

Briefings

Kalshi raised $1 billion during Series G funding, achieving a valuation of $40 billion. The company plans to use this capital to expand its prediction market offerings, specifically targeting new indices, single-stock perpetual contracts, and computing capabilities.

Key points

• Kalshi raised $1 billion in Series G funding.
• The company's valuation reached $40 billion.

Context

Kalshi is a prediction market platform where users bet on the outcome of events. The funding round was led by Wellington and Sequoia Capital, with the company planning to utilize the funds for new market types and infrastructure.

Limitations

Evidence is limited to the Series G funding announcement. Specific details on market growth, user adoption rates, or future expansion plans beyond the stated categories are not provided.

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