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Kalshi raises 1 billion dollars in a Series G round at a 40 billion dollar valuation, nearly double its prior round, Hedgeweek reports

  • Kalshi raises 1 billion dollars in a Series G round at a 40 billion dollar valuation, nearly double its prior round, Hedgeweek reports — Hedgeweek, reporting on November 4, says Wellington and Sequoia Capital co-led the round, with Coatue and Balyasny confirmed as participants and Millennium and Tiger Global identified by Crunchbase. Kalshi reports more than 30 million registered accounts, more than 1 trillion dollars in annualised trading volume, a market share above 75 percent, and non-sports annualised revenue above 1 billion dollars. (Hedgeweek)

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