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TRX Kalshi in advanced talks for $1B raise at $40B valuation, Reuters reports
Reuters reports, via The Defiant and Cointelegraph, that Kalshi is in advanced talks to raise about $1 billion at a $40 billion valuation. The posts state Sequoia and Wellington are in talks to lead the financing and that Kalshi was valued at $22 billion four months earlier.
Why “Unverified”
- 2 independent sources (Cointelegraph, The Defiant), but no primary confirmation
2 independent source groups across 2 posts · evidence score 75/100. How labels work
What the sources claim
-
Kalshi is in advanced talks to raise $1 billion at a $40 billion valuation, according to Reuters.
“Kalshi in Advanced Talks for $1B Raise at $40B Valuation: Reuters”
The Defiant -
Sequoia and Wellington are in talks to lead the financing, which would lift Kalshi's valuation about 82% above its confirmed May round.
“Sequoia and Wellington are in talks to lead the financing, which would lift Kalshi's valuation about 82% above its confirmed May round.”
The Defiant -
Kalshi was valued at $22 billion in a $1 billion funding round just four months ago, after doubling its valuation from December.
“The prediction market was valued at $22 billion in a $1 billion funding round just four months ago, after doubling its valuation from December.”
Cointelegraph
Sources
Summary and claims extracted by deepseek/deepseek-flash with prompt analyze-story@3 on 2026-09-30 06:40 UTC. Labels are computed from the sources, not by the model.