FT: Kalshi Discusses Fundraising at $40 Billion Valuation
JH Kim
Summary
- The prediction-market platform Kalshi is discussing fresh funding at a $40 billion valuation.
- The Financial Times reported that Kalshi is considering ways to raise funding at a valuation of $40 billion.
- Kalshi’s valuation has climbed sharply as the prediction-market industry has grown rapidly.
Forecast Trend Report by Period
Kalshi, the prediction-market platform, is discussing a new funding round at a $40 billion valuation, the Financial Times reported on June 24.
Kalshi allows users to bet on the outcomes of events across politics, the economy and sports.
The company’s valuation has surged alongside the rapid growth of the prediction-market industry, the report said.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
