Kalshi’s billion-dollar round dominates latest crypto funding tally
TokenPost reports crypto companies disclosed about 1.375 billion dollars across 13 funding deals through November 2, led by Kalshi, which raised 1 billion dollars at a 40 billion dollar valuation. Gate Ventures reports the Series G round was co-led by Sequoia Capital and Wellington Management, with participation from Baillie Gifford, Morgan Stanley Investment Management, Coatue and Andreessen Horowitz, bringing Kalshi's total funding to about 3.6 billion dollars.
Kalshi raised 1 billion dollars at a 40 billion dollar valuation, accounting for the largest share of the crypto funding disclosed through November 2, according to TokenPost.
The outlet put the total at about 1.375 billion dollars across 13 deals. Kalshi’s financing therefore represented most of the capital in that tally.
Investors behind the Series G
According to Gate Ventures, Sequoia Capital and Wellington Management co-led Kalshi’s Series G round. Baillie Gifford, Morgan Stanley Investment Management, Coatue and Andreessen Horowitz also participated.
The financing brought Kalshi’s total funding to about 3.6 billion dollars, Gate Ventures reported. The figures place the company’s latest round well ahead of the other deals collectively included in TokenPost’s tally.
What it means for prediction markets
- Kalshi’s fundraising is the central development in this funding snapshot: its 1 billion dollar round accounts for most of the roughly 1.375 billion dollars disclosed.
- The 40 billion dollar valuation is a financing milestone, not a measure of market liquidity or forecast accuracy.
- The supplied reporting does not specify how Kalshi will deploy the proceeds, leaving any implications for market availability or trading activity unresolved.
Sources & attribution
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