Prediction Market Kalshi Reportedly Seeks New Funding At $40 Billion Valuation
Kalshi is reportedly seeking new funding at a $40 billion valuation as investor interest in regulated prediction markets grows.
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Read full articleKalshi is reportedly seeking new funding at a $40 billion valuation as investor interest in regulated prediction markets grows.
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The prediction market seeks a valuation near double the $22 billion it hit last month, as a federal-state fight over regulation escalates.
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Critics had questioned how MemeCore maintained a multi-billion dollar valuation despite insiders allegedly controlling 90% of supply.
Kalshi is reportedly in talks to raise new capital at a $40 billion valuation, reflecting growing investor confidence in regulated prediction markets.
Kalshi's rapid valuation surge highlights potential market volatility and competitive pressures, raising questions about long-term sustainability. The post Kalshi in talks to raise funds at $40B valuation, nearly doubling in two months appeared first on Crypto Briefing.
Kalshi has entered talks to raise fresh capital at a valuation of about $40 billion, an 82% jump from the $22 billion valuation it secured less than two months ago. According to a Financial Times report citing people familiar with…