Funding
Kalshi Closes $1 Billion Round at $40 Billion Valuation
CNBC reported that Kalshi's $1 billion raise co-led by Sequoia Capital and Wellington Management values the exchange nearly eight times higher than it was just one year ago.
CNBC reported that Kalshi's $1 billion raise co-led by Sequoia Capital and Wellington Management values the exchange nearly eight times higher than it was just one year ago.
Polymarket is reportedly raising $1 billion at a $21 billion valuation, with 1789 Capital leading at roughly $300 million and NYSE parent ICE bringing its total commitment in the platform to $1.6 billion.