coin-img-BTCBTC+0.74%coin-img-ETHETH+0.56%coin-img-SOLSOL+0.97%coin-img-USDCUSDC-0.01%coin-img-XRPXRP-0.44%coin-img-HYPEHYPE+13.99%coin-img-SUISUI+2.40%coin-img-NEARNEAR-1.37%coin-img-BTCBTC+0.74%coin-img-ETHETH+0.56%coin-img-SOLSOL+0.97%coin-img-USDCUSDC-0.01%coin-img-XRPXRP-0.44%coin-img-HYPEHYPE+13.99%coin-img-SUISUI+2.40%coin-img-NEARNEAR-1.37%coin-img-BTCBTC+0.74%coin-img-ETHETH+0.56%coin-img-SOLSOL+0.97%coin-img-USDCUSDC-0.01%coin-img-XRPXRP-0.44%coin-img-HYPEHYPE+13.99%coin-img-SUISUI+2.40%coin-img-NEARNEAR-1.37%coin-img-BTCBTC+0.74%coin-img-ETHETH+0.56%coin-img-SOLSOL+0.97%coin-img-USDCUSDC-0.01%coin-img-XRPXRP-0.44%coin-img-HYPEHYPE+13.99%coin-img-SUISUI+2.40%coin-img-NEARNEAR-1.37%

The Block: Kalshi completes $1B round at $40B valuation

Kalshi has completed a $1 billion funding round that values the prediction market exchange at $40 billion, according to multiple media reports. Sequoia Capital and Wellington Management co-led the Series G round, lifting its valuation from $22 billion in May.
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