Kalshi in advanced talks to raise $1B at $40B valuation with Tiger Global, Dragoneer
Kalshi is in advanced talks to raise about $1 billion at a valuation around $40 billion, with Reuters-linked coverage placing Tiger Global and Dragoneer among the investors in the discussions. One report says the round could be finalized in the coming weeks, and another notes the valuation would be far above the company’s level in May and December. Some coverage also places the fundraising discussion ahead of a possible IPO.
What this rests on
Claim by claim, with its source
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Kalshi is in advanced talks to raise about $1 billion at a valuation near $40 billion.
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Kalshi was valued at $22 billion in a $1 billion round four months earlier, after a prior valuation that had already doubled from December.
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The talks include Tiger Global Management and Dragoneer Investment Group among the investors.
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One report says the round could be finalized in the coming weeks.
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Another report says the new fundraise comes ahead of a possible IPO.
Market reaction
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$83,106price at publication
12series points
How the story was built
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
Crypto Briefing
scoop
Sep 29 17:41
Breaks the event: $40B and $1B
+10 h 42 m
BeInCrypto
adds
Sep 30 04:23
Breaks the figures down; the largest, $19B, with quotes
+12 h 4 m
Cointelegraph
adds
Sep 30 05:45
Adds $22B
+12 h 53 m
The Defiant
echo
Sep 30 06:34
No new facts: including, existing, defiant
+16 h 46 m
Unchained
adds
Sep 30 10:27
Adds $178B, with quotes
+21 h 11 m
Crypto Economy
echo
Sep 30 14:52
No new facts: approximately, participation, negotiations; with quotes
+1 d 6 h
Crypto Briefing
echo
Oct 1 00:04
No new facts: regulatory, especially, potential
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