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Kalshi raises 1 billion dollars at 40 billion dollar valuation in Series G co-led by Wellington and Sequoia, Croupier reports
- Kalshi raises 1 billion dollars at 40 billion dollar valuation in Series G co-led by Wellington and Sequoia, Croupier reports — Croupier, published October 30, reports Kalshi announced on October 29 a 1 billion dollar Series G co-led by Wellington and Sequoia at a 40 billion dollar post-money valuation. Kalshi says it accounts for over 75 percent of prediction market trading volume, non-sports revenue has passed 1 billion dollars a year, and the new funds will support institutional sales, new products including indices and single-stock perpetual futures, and expansion in Latin America and Europe. (Croupier)
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