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Kalshi Raises $1 Billion at $40 Billion Valuation

First reported by The Information ·

The signal ●○○○ Brief pending · reported by The Information, the single source so far
What happened

Kalshi said it has raised $1 billion in funding at a $40 billion valuation after the investment in a round led by Wellington and Sequoia, confirming an August report from The Information.

Source description shown. AI brief pending.

Funding