Kalshi Finalizing New Funding at $40 Billion Value Ahead of IPO

Kalshi Inc. is finalizing a new financing round that would value the prediction market platform at around $40 billion. The deal is expected to be the startup's last round before an IPO, anticipated as soon as next year.

• Kalshi is being valued at around $40 billion in the new round
• The round is expected to be its last before an IPO
• An IPO is anticipated as soon as next year