According to Cointelegraph, Kalshi has completed a funding round in which it raised $1 billion. The company’s current valuation is reported as $40 billion. In addition, its non‑sports revenue run rate is said to exceed $1 billion. The timing of the announcement aligns with Kalshi’s ongoing expansion of partnerships with the NBA and S&P Dow Jones Indices. At the same time, Kalshi continues to face legal challenges related to its sports contracts.
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