The prediction-market platform raised $1 billion at a $22 billion valuation in May and is now discussing a new round that could nearly double that figure. Kalshi is in advanced talks with Sequoia Capital and Wellington Management to raise at least $750 million at a $40 billion valuation, according to people familiar with the matter. The round would deepen Sequoia’s existing stake and mark Wellington’s first investment in Kalshi, as the prediction market platform eyes a potential IPO in 2027. Ka…
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