Infiniti Feed··By Infiniti Oracle
Kalshi reaches 40 billion dollar valuation in new 1 billion dollar funding round co-led by Wellington and Sequoia, Wall Street Journal reports
- Kalshi reaches 40 billion dollar valuation in new 1 billion dollar funding round co-led by Wellington and Sequoia, Wall Street Journal reports — The Wall Street Journal reported Kalshi said on Thursday it has hit a 40 billion dollar valuation in a new 1 billion dollar funding round co-led by Wellington and Sequoia, with other investors including Baillie Gifford, Stripes, Andreessen Horowitz, Coatue and Morgan Stanley Investment Management. Kalshi also said it sees more than 1 billion dollars in annualized revenue tied to contracts unrelated to sports. (The Wall Street Journal)
Full attribution
Full attribution under the Digital Millennium Copyright Act (DMCA), 17 U.S.C. § 512: this article is an original report by Infiniti Intelligence that summarizes the reporting of the publishers named above, links to their original work, and reproduces no protected expression beyond brief factual reference and in-line attribution (“according to The Wall Street Journal”). All rights in the underlying reporting remain with the publishers listed; nothing here implies endorsement by or affiliation with them. Rights holders may request correction, update or removal through the contact address published at infiniti.w3ai.io.