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Kalshi Eyes $750M at $40B Valuation | Bitcoin and Crypto News
Published 3 weeks ago
Description
Kalshi, the prediction market giant, is reportedly eyeing a massive $750M funding round at a $40B valuation—up from its $2.2B post-May raise—backed by heavyweights Sequoia and Wellington Management, signaling a potential 2027 IPO and dominance in the U.S. market with sports betting driving over 80% of its revenue.
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