{"id":1773,"date":"2026-06-25T05:43:14","date_gmt":"2026-06-25T05:43:14","guid":{"rendered":"https:\/\/xrpfaucet.site\/?p=1773"},"modified":"2026-06-25T05:43:14","modified_gmt":"2026-06-25T05:43:14","slug":"prediction-market-kalshi-reportedly-eyes-40-billion-valuation-in-new-funding-round","status":"publish","type":"post","link":"https:\/\/xrpfaucet.site\/?p=1773","title":{"rendered":"Prediction Market Kalshi Reportedly Eyes $40 Billion Valuation in New Funding Round"},"content":{"rendered":"
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\ud83d\udcf0 Exclusive Crypto News & Analysis:<\/strong> Stay ahead with the latest developments in the cryptocurrency and blockchain space.<\/p>\n

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Prediction market Kalshi is in talks to raise capital at a valuation of about $40 billion.<\/strong><\/p>\n

According to the Financial Times, citing people familiar with the discussions, the round could close in the third quarter. <\/p>\n

Prediction Markets Draw Wall Street Capital<\/h2>\n

The financing<\/a> would follow a $1 billion Series F raise<\/a> completed last month. That earlier round valued the company at $22 billion. Coatue led the round. Other backers included Sequoia Capital, Andreessen Horowitz, IVP, Paradigm, Morgan Stanley, and ARK Invest.<\/p>\n

Kalshi’s valuation has climbed steeply. The platform was worth $11 billion in December 2025 and about $5 billion earlier last year<\/a>. This signals how fast prediction markets are drawing Wall Street capital.<\/p>\n

Meanwhile, rival Polymarket trails Kalshi by a widening margin<\/a>. The platform reportedly approached investors in April about a $400 million raise, targeting a valuation near $15 billion.<\/p>\n

Kalshi declined to comment on the financing. <\/p>\n

Follow us on X<\/a> to get the latest news as it happens<\/em><\/strong><\/p>\n

Kalshi Challenges Illinois in Latest Lawsuit<\/h2>\n

The fundraising efforts come as the platform battles state-level attempts against its sports-related contracts. Kalshi sued Illinois officials in federal <\/a>court. The complaint<\/a> targets SB 3019.<\/p>\n

The law would treat prediction-market contracts tied to sports as “exchange wagers.” It would require Kalshi to obtain a state gaming license, which would cost millions to maintain its ability to offer the contracts.<\/p>\n

Kalshi argues the measure violates the Supremacy Clause. The company says the Commodity Futures Trading Commission (CFTC) holds exclusive jurisdiction over <\/a>event contracts on federally designated markets.<\/p>\n

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“Kalshi is fundamentally different from state-regulated sportsbooks and casinos. Courts have already recognized our status as a federally regulated exchange. Illinois is wasting its time and taxpayers’ dollars,” Kalshi’s Jacki McGavick told BeInCrypto. <\/p>\n<\/blockquote>\n

The filing notes SB 3019 takes effect July 1. Kalshi warns it would otherwise face an impossible choice: halt its contracts, submit to a costly state licensing regime, or risk criminal penalties.<\/p>\n

Subscribe to our YouTube<\/a> channel to watch leaders and journalists provide expert insights<\/em><\/strong><\/p>\n

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The post Prediction Market Kalshi Reportedly Eyes $40 Billion Valuation in New Funding Round<\/a> appeared first on BeInCrypto<\/a>.<\/p>\n

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\ud83d\udd17 Explore More:<\/strong> Check our sections for in-depth guides, exchange reviews, and blockchain technology deep-dives.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

\ud83d\udcf0 Exclusive Crypto News & Analysis: Stay ahead with the latest developments in the cryptocurrency and blockchain space. \ud83d\udcc8 Market Update: Real-time price movements, technical analysis, and trading signals. Prediction market Kalshi is in talks to raise capital at a valuation of about $40 billion. According to the Financial Times, citing people familiar with the …<\/p>\n","protected":false},"author":1,"featured_media":1774,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-1773","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/posts\/1773","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1773"}],"version-history":[{"count":0,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/posts\/1773\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/media\/1774"}],"wp:attachment":[{"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1773"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1773"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1773"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}