business
Kalshi Targets $40 Billion Valuation Ahead Of IPO
Key takeaways
- The newest valuation is nearly double the $22 billion U.S. that the company was valued at in its last funding round and comes as Kalshi says it is preparing for an initial public offering (IPO).
- Media reports say Kalshi is aiming to complete its new funding round by the end of this year's third quarter.
- Ripple, The Company Behind XRP, Is Valued At $50 Billion
Kalshi Targets $40 Billion Valuation Ahead Of IPO Crypto Prowl Thu, June 25, 2026 at 11:29 PM GMT+7 1 min read KLSH.PVT HOOD DKNG POLA.PVT Prediction market Kalshi is seeking to raise new capital at a valuation of $40 billion U.S.
The newest valuation is nearly double the $22 billion U.S. that the company was valued at in its last funding round and comes as Kalshi says it is preparing for an initial public offering (IPO).
Media reports say Kalshi is aiming to complete its new funding round by the end of this year's third quarter.
Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance →
More top stories
Also covered by
Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop