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Kalshi reportedly discusses $1bn funding round at $40bn valuation

Funding

Kalshi was reportedly in talks to raise $1bn at a $40bn valuation, according to a report published on 30 September 2026. Sequoia and Wellington were expected to co-lead the round, with Tiger Global and Dragoneer among the prospective new backers.

A proposed raise at the reported valuation could affect Kalshi’s financing and ownership profile.

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