The market value of Kalshi reached $40 billion following a new round of financing
The American prediction platform Kalshi has raised $1 billion in an investment round. Its market value is now estimated at $40 billion, which is an 82% increase compared to May 2026 during the previous round.
It is reported that the new round was led by Sequoia Capital and Wellington Management. Tiger Global Management and Dragoneer Investment Group also participated.
As a result, the total amount of funds raised by Kalshi over its existence has approached $3.6 billion.
The growth of Kalshi occurs amid numerous company challenges. In particular, in October, the state of Utah filed criminal charges against it and two of its executives for illegal online gambling promotion. Additionally, the platform has previously faced restrictions in several countries, including Spain, Brazil, and India.