Its Investors Say Kalshi Is Worth $40 Billion. Is an I.P.O. Next?

New York Times - 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.

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Its Investors Say Kalshi Is Worth $40 Billion. Is an I.P.O. Next?

Oct 29, 2026

Its Investors Say Kalshi Is Worth $40 Billion. Is an I.P.O. Next?

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.

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