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Fintech

Kalshi Receives Investor Offers at Over $10 Billion Valuation: Report

Summary generated with AI, editor-reviewed
Heartspace News Desk
Source: Bloomberg.com
TL;DR

Kalshi, a prediction market platform, may be valued at over $10 billion due to investor interest, based on a Bloomberg report. This follows the company's recent $300 million funding round, which valued it at $5 billion, with venture capitalists potentially seeing valuations ranging from $10 to $12 billion or higher.

Key takeaways

  • Prediction market platform Kalshi is reportedly attracting significant investor interest, potentially valuing the startup at over $10 billion, according to a Bloomberg
  • This development follows Kalshi's recent announcement of a $300 million funding round, which valued the company at $5 billion
  • Sources familiar with the matter, who requested anonymity, indicated that venture capital investors have considered valuations ranging from $10 billion to $12 billion or higher
Prediction market platform Kalshi is reportedly attracting significant investor interest, potentially valuing the startup at over $10 billion, according to a Bloomberg.com report. This development follows Kalshi's recent announcement of a $300 million funding round, which valued the company at $5 billion. Sources familiar with the matter, who requested anonymity, indicated that venture capital investors have considered valuations ranging from $10 billion to $12 billion or higher. These discussions suggest a substantial increase in Kalshi's perceived market value in a short period.

Related Topics

Kalshiprediction marketventure capitalfundingvaluation

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