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Kalshi plans new funding round at $65B valuation, up 62.5% from October's $40B, ahead of IPO.

Market News
13 Nov 2026, 04:08 WIB
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Bullish
Kalshi plans new funding round at $65B valuation, up 62.5% from October's $40B, ahead of IPO.

Kalshi is in talks to raise additional funding at a $65 billion valuation, a 62.5% increase from its $40 billion valuation in October. This move comes as the company prepares for an anticipated initial public offering (IPO) but opts to secure more private capital first. Kalshi's trading volume has surged, with monthly contract values nearly doubling from $40 billion in August to $100 billion in October, driven largely by sports betting. The company plans to expand its product offerings and grow institutional adoption, focusing on markets in Latin America and Europe.

Kalshi's valuation talks at $65 billion provide context for readers following financial markets. For readers following US financial stocks, here is Pluang's market snapshot as of Nov 13, 2026 05:21 WIB: out of 142 priced Financials-sector US stocks tradable on Pluang, 17 rose and 124 fell today. Notable movers include GLXY at USD 15.20 with a 1-day change of -4.82% and a typical hold time of 9 days, BMNR at USD 18.40 down 4.37%, and CG at USD 39.40 down 4.18%, with a typical hold time of 113 days.

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