Kalshi Seeks $40B Valuation Weeks After $1B Raise: FT
In brief Kalshi is in talks to raise at a $40 billion valuation, per the Financial Times, nearly double the $22 billion it was valued at following last month’s $1 billion raise. CEO Tarek Mansour told CNBC the company is “thinking about” an IPO but won’t go public in 2026, with reports pointing to a…