Kalshi Eyes a $65 Billion Valuation Despite Legal Battle Threatening Its Future

Kalshi could soon reach a new milestone. According to Bloomberg, the American predictive markets platform is discussing a new funding round that would raise its valuation to 65 billion dollars. Yet, just one month after raising 1 billion at a 40 billion valuation, the company still has to resolve several regulatory battles. Its IPO is not expected before 2027. The progression is dizzying. In October, Kalshi closed a series G of one billion dollars , which valued the company at 40 billion. Sequoia Capital and Wellington Management led this operation, with the participation of Baillie Gifford, Morgan Stanley, Coatue and Andreessen Horowitz. One month later, Bloomberg reports that the platform is discussing a new round based on 65 billion dollars. This represents an increase of 62.5% in a few weeks.

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