Sources: Kalshi is in advanced talks to raise $750M+ co-led by Sequoia Capital and Wellington Management at a $40B valuation; Kalshi was valued at $22B in May
THE SO WHAT
A jump from $22B to a rumored $40B valuation with $750M+ in fresh capital would cement prediction markets as a serious financial product, not a curiosity. If you operate in trading, data, or risk, assume event markets will compete with and complement your instruments—and start mapping regulatory and UX dependencies now.
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