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      Kalshi Seeks $750 Million Funding at $40 Billion Valuation

      Kalshi, a prediction market platform based in the United States, is aiming to raise at least $750 million at a valuation of $40 billion. This marks a significant increase from its previous valuation of $22 billion just six months ago. The platform, which was approved by the U.S. Commodity Futures Trading Commission (CFTC) as a designated contract market in 2021, has seen substantial growth in its trading activities.

      As of September 4, Kalshi reported a trading volume of $14.1 billion over the preceding 30 days, significantly outpacing its competitor Polymarket, which recorded a trading volume of $3.1 billion. Kalshi's trading volume represents approximately 82% of the total combined trading volume in the prediction market sector, with over 80% of its trades related to sporting events.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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