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Kalshi in Advanced Talks for $1B Raise at $40B Valuation: Reuters

TLDR — Prediction-market exchange Kalshi is in advanced talks to raise about $1 billion at a roughly $40 billion valuation from existing and new investors, including Tiger Global Management and Dragoneer Investment Group,

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Prediction-market exchange Kalshi is in advanced talks to raise about $1 billion at a roughly $40 billion valuation from existing and new investors, including Tiger Global Management and Dragoneer Investment Group, Reuters reported Sept. 29, citing people familiar with the matter. Existing backer... Read the full story at The Defiant

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