Kalshi valuation or up to $40 billion, Redwood and Wellington negotiating a new round of investments

On 13 August, according to The Information, Sequoia and the managing giant, Wellington, are conducting in-depth negotiations on the investment forecast market platform, Kalshi, with a trade counterpart estimated at about $40 billion. Wellington will be the new investor in Kalshi, an institution that has invested many times in companies near the IPO phase in the past; the related transactions have not yet been finalized。