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Prediction Market Kalshi Now Worth $40 Billion After $1 Billion Round, Eyes Single-Stock Perps

Unchained·October 29, 2026·1 min read
Prediction Market Kalshi Now Worth $40 Billion After $1 Billion Round, Eyes Single-Stock Perps

Prediction market Kalshi is now worth $40 billion after a $1 billion funding round co-led by Sequoia Capital and Wellington Management. The raise lifts the company from a $22 billion valuation in May and will fund leveraged contracts and an institutional push.

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