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Gone mad
Kalshi seeks a new round of funding at a $40 billion valuation, which could be completed as soon as Q3
Kalshi has doubled its valuation twice this year, and it has doubled four times in the past year and a half
- June 2025: $2 billion valuation
- October 2025: $5 billion valuation
- November 2025: $11 billion valuation
- March–May 2026: $22 billion valuation
- Q3 2026 (in talks): $40 billion valuation
Aside from AI, prediction markets are one of the few areas still seeing such crazy funding