Its Investors Say Kalshi Is Worth $40 Billion. Is an I.P.O. Next?
Oct 29, 2026
The prediction market raised $1 billion in a new funding round and landed a market value almost double that of rival Polymarket. But legal challenges to its business persist.
https://www.nytimes.com/2026/10/29/business/dealbook/kalshi-fundraising-ipo.html
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