Kalshi in advanced talks to raise new funding at $40B valuation: Reuters
The prediction market was valued at $22 billion in a $1 billion funding round just four months ago, after doubling its valuation from December.
What happened
The prediction market was valued at $22 billion in a $1 billion funding round just four months ago, after doubling its valuation from December.
Why it matters
The financing changes available capital and competitive capacity around Funding; terms and investor participation remain key.
Affected entities
View evidence
1 reports · 1 original report · 1 independent
- CointelegraphPrimary source · Supports · EN · 100%Kalshi in advanced talks to raise new funding at $40B valuation: Reuters ↗
Claims
- Kalshi in advanced talks to raise new funding at $40B valuation: Reuters Observed
Conflicts
No material conflict detected in the available evidence.
Timeline
- First reported
Market move following event
Market reaction is not yet available for this asset and time window.
Score explanation
Confidence · formula confidence-2.1.0
Source trust63
Independent corroboration51
Primary evidence35
Claim consistency82
Extraction confidence82
Attribution quality90
Impact · formula impact-2.1.0
Event magnitude68
Market relevance74
Entity significance42
Market breadth45
Novelty68
Urgency55
capital magnitude100
Ranking · formula rank-1.0.0
Confidence factor0.82
Freshness factor0.9993
Breaking bonus0