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Oct 29, 2026

Kalshi raises $1 billion at $40 billion valuation in Series G funding round

Prediction market platform Kalshi has closed a $1 billion Series G funding round at a $40 billion valuation, led by Sequoia Capital and Wellington Management. The valuation represents an 82% increase from its $22 billion valuation in May 2026, as the company expands beyond prediction markets into financial products including crypto and stock perpetual futures.

Oct 29, 2026·8 sources
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Top claims

  • ▪Sequoia Capital and Wellington Management co-led Kalshi's $1 billion Series G funding round.
  • ▪The $1 billion funding round brings Kalshi's total capital raised since inception to approximately $3.6 billion.
  • ▪Kalshi's valuation grew eightfold in one year, rising from $5 billion in October 2025 to $11 billion last December, $22 billion in May 2026, and $40 billion in October 2026.

Topics

Venture capital fundingOnchain prediction marketsFederal agenciesCrypto regulationState politicsCrypto prediction marketsCrypto enforcement actionsCrypto derivatives

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