Kalshi’s $1 billion funding round puts valuation at $40 billion
Kalshi announced a 1 billion dollar Series G round on October 29 at a 40 billion dollar post-money valuation, co-led by Wellington Management and Sequoia Capital. Synbo's weekly primary-market review called it the largest single financing deal of the week of October 26 to November 1 and noted Kalshi's expansion into macro, crypto, commodities and perpetual markets.
Kalshi announced a $1 billion Series G financing on October 29, setting its post-money valuation at $40 billion, according to Synbo’s weekly primary-market review.
Wellington Management and Sequoia Capital co-led the round. Synbo identified the transaction as the largest single financing deal during the week of October 26 to November 1.
Funding alongside market expansion
Synbo also highlighted Kalshi’s expansion into macro, crypto, commodities and perpetual markets. That places the financing alongside a widening range of markets on the platform.
The supplied summary does not specify how Kalshi intends to allocate the proceeds or provide a timetable for that expansion. It also offers no trading-volume or liquidity figures with which to assess activity across those markets.
What it means for prediction markets
- Capital is the confirmed development: The $1 billion round and $40 billion post-money valuation establish the scale of the financing, but do not by themselves measure trading activity.
- Market breadth is worth tracking: Synbo’s account points to expansion across macro, crypto, commodities and perpetual markets, without detailing rollout dates.
- The ranking has a defined scope: Synbo’s largest-deal designation applies to the week of October 26 to November 1, not a broader period.
Sources & attribution
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