Kalshi in Talks to Raise Funds at $65 Billion Valuation

Prediction market platform Kalshi is reportedly in discussions to raise a new funding round at a $65 billion valuation. According to Bloomberg News, the company is in contact with investors at this valuation level. The valuation reflects Kalshi's recent growth momentum. Prediction markets offer a structure that allows trading on the probability of events occurring, and this sector has attracted investor interest in recent years. The report states that the talks have not yet concluded and the terms of the deal may change. Detailed information about the size of the funding round was not shared. If Kalshi secures funding at this valuation level, it would reach one of the highest valuations in the prediction market sector. The company has not made an official statement regarding investor discussions. This is not investment advice.