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Kalshi closes in on 1 billion dollar round at 40 billion dollar valuation ahead of IPO
- Kalshi closes in on 1 billion dollar round at 40 billion dollar valuation ahead of IPO — Kalshi is closing in on a funding round of about 1 billion dollars at a reported 40 billion dollar valuation ahead of a potential initial public offering, according to Prediction Authority. The report also notes Polymarket finalizing its own round near a 21 billion dollar valuation and Novig rising from 500 million to 2 billion dollars after CFTC approval. (Prediction Authority)
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