fundraising

Kalshi could be worth $40 billion after new funding

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Kalshi is in talks to raise $1 billion at a $40 billion valuation, with completion expected in the coming weeks. That would come after its May Series F announcement and a later SEC filing that listed a nearly $1.5 billion private offering.

Key claims & sources

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Kalshi announced a $1 billion Series F on May 7.
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An Aug. 25 SEC filing listed a nearly $1.5 billion private offering.
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Sequoia, Wellington, Tiger Global and Dragoneer are among the investors circling the round.

What it means

Users and market participants following Kalshi would notice that the company is again in the middle of a large financing discussion, with a target of $1 billion and a $40 billion valuation mentioned. The timing matters because the May financing and the August filing had already placed fresh fundraising details into view, and this new round adds another step in that sequence.

In practice, the latest discussion points to another capital-raising process layered on top of the May Series F announcement and the August SEC filing. What remains the same is that Kalshi is still operating as a prediction-market platform while its financing structure is described through announcements and filings, not a completed new round.

Market reaction i

Total crypto marketall crypto assets combined no single asset in the event: read against the whole market
first headline
-0.1% 2 h before
+0.3% 4 h after
$2.9Tmarket cap at publication
12data points

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Sep 30 04:47
crypto.news scoop
Breaks the event: $40B and $1B

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