Sources: Kalshi is in talks to raise a funding round at a ~$40B valuation that may close as soon as Q3; Kalshi raised $1B at a $22B valuation in May (Financial Times)

Financial Times:
Sources: Kalshi is in talks to raise a funding round at a ~$40B valuation that may close as soon as Q3; Kalshi raised $1B at a $22B valuation in May  —  Rapidly growing company is increasingly challenging established derivatives and betting rivals  —  Kalshi is in talks to raise funds …

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