Prediction Market Kalshi Valued at $40 Billion Amid IPO Speculation
The company raised $1 billion in new funding, reaching a valuation nearly double that of rival Polymarket.
Headline and summary written by an AI model from the linked articles; not reviewed by a person. How this was made
The story so far
2 publishers have covered this in 2 articles since 29 Oct 2026. The New York Times published first, on 29 October at 11:45 UTC; Cointelegraph.com News followed 4h 08m later. The most recent article, from Cointelegraph.com News, appeared on 29 October at 15:52 UTC.
Outlets reporting it: The New York Times (major outlet), Cointelegraph.com News.
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Sources
Every article we clustered into this story. Headlines link to the publisher.
In this story
- Kalshi
- Polymarket