Kalshi announces $1 billion Series G financing
Kalshi announced a $1 billion Series G financing led by Wellington Management and Sequoia Capital, valuing the predictions-market company at $40 billion after the investment.
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Kalshi announced a $1 billion Series G financing led by Wellington Management and Sequoia Capital, Crunchbase News’s weekly funding feature says. The financing adds capital to the New York-based predictions-market company.
The feature puts Kalshi’s post-money valuation at $40 billion—the value placed on the company after the new investment.
Kalshi says its annualized trading volume exceeds $1,000,000,000,000. Annualized volume expresses trading activity at a yearly rate; it is not the company’s revenue.
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