Kalshi, the forecast market platform, seeks $4 billion in valuation financing

On 12 August, the technology media The Information quoted informed sources that Kalshi, the projected market platform, sought a new round of financing with an estimate of $40 billion, a significant 82 per cent increase from its May estimate of $22 billion for F-series financing. According to informed sources, in July, the annualized revenues of Kalshi exceeded $4 billion, more than two months ago, benefiting from the World Cup. The company spent $300 million on its operations in June, mainly on marketing promotion。