Kalshi in Talks to Raise Funding at $65 Billion Valuation
By PYMNTS
AI summary of the source article
Kalshi is in talks to raise funding at a $65 billion valuation. This follows a $1 billion round announced in late October at a $40 billion valuation, which was previously expected to be its last before an initial public offering.
Key facts
- Kalshi is in talks to raise money at a $65 billion valuation.
- The new target valuation is 62.5% higher than the $40 billion valuation secured in late October.
- In late October, Kalshi announced a $1 billion round expected to be its last before an IPO.
Source excerpt · PYMNTS
Kalshi is in talks to raise money at a $65 billion valuation, Bloomberg reported Thursday (Nov. 12). That’s 62.5% above the $40 billion valuation Kalshi secured in late October, when it announced a $1 billion round that had been expected to be its last before an initial public offering. Kalshi decided to seek more private […] The post Kalshi in Talks to Raise Funding at $65 Billion Valuation appea…