Kalshi in advanced talks to raise $1B in fresh funding.
VC & Fundraising ·
Prediction market platform Kalshi is in advanced talks to raise $1 billion in fresh funding, according to reporting. The funding round would represent a significant capital influx for the platform, which offers event-based prediction contracts on topics ranging from economics to elections. Kalshi has previously operated under regulatory oversight from the Commodity Futures Trading Commission, distinguishing it from many other crypto-native platforms.
The specifics of the valuation, lead investors, and expected close date remain unclear from available information. It is not yet known whether the funding would be used for product development, regulatory expansion, or other strategic purposes. The talks' advancement stage suggests movement toward a deal, though no terms have been publicly confirmed.