Kalshi valuation jumps to $40 billion in latest funding round

Reported by CNBC Finance · Published 29 Oct 2026, 8:05 PM MYT (4 d ago)

Summary

The prediction market platform one year ago was valued at $5 billion.

Source & full coverage: this summary is aggregated from CNBC Finance, the original publisher. Read the complete report for full context, data and quotes.

Read the original report at CNBC Finance →

Most Recent

Wall Street’s most hated stocks are faring far better than its favorites 22 min ago Big crypto wants the one thing it can’t buy: your vote 28 min ago Apple results beat Wall Street expectations on strong iPhone sales 35 min ago The stock market has gone nowhere for the past 5 months. It’s now looking like a bargain. 38 min ago Tinder's US daily active users return to growth in October as Match ramps up AI efforts 49 min ago Palantir earnings reveal a major AI turning point 58 min ago

EconPulse

Markets. Economy. Malaysia & The World.

Independent economic news aggregation for Malaysia, Asia and global markets, updated throughout the day.

Company

About Us Editorial Standards & Corrections Privacy Policy

Work With Us

Submit a Press Release Partnerships & Advertising Contact Us RSS Feed

Contact

editor@econpulse.my

Editorial & newsroom enquiries answered within 1–2 business days.

Kalshi valuation jumps to $40 billion in latest funding round

Summary

More in Markets

Wall Street’s most hated stocks are faring far better than its favorites

The stock market has gone nowhere for the past 5 months. It’s now looking like a bargain.

Palantir earnings reveal a major AI turning point

Chip stocks are suffering from a ‘crisis of confidence’ — but things aren’t as gloomy as they seem

Stocks making the biggest moves midday: Oracle, SpaceX, Tempus AI, Rivian & more

How soon gas prices could go down now that oil is tumbling