{
  "id": 19708828,
  "title": "Kalshi in talks to raise money at $65 billion valuation, Bloomberg News reports",
  "url": "https://urgent.news/2026/11/12/kalshi-in-talks-to-raise-money-at-65-billion-valuation-bloomberg-news",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-12T21:15:08.000Z",
  "source": {
    "name": "CNA - Business",
    "slug": "cna-business",
    "url": "https://www.channelnewsasia.com/business/kalshi-in-talks-raise-money-65-billion-valuation-bloomberg-news-reports-6547526"
  },
  "original_language": "en",
  "account": "On November 12, Bloomberg News reported that prediction-market startup Kalshi is in discussions to raise additional capital at a $65 billion valuation, according to sources familiar with the matter. This comes just days after the company finalized a previous financing round that valued the firm at $40 billion, which was expected to be its final funding before an anticipated initial public offering.\n\nThe company's decision to seek more funds in private markets, as per the Bloomberg report, followed a $1 billion funding round that took place late last month. The new round was co-led by Sequoia and Wellington, with the aim of expanding Kalshi's horizons beyond event contracts and enabling a more direct competition with traditional exchanges.\n\nThe October funding round saw Kalshi raise $1 billion, led by Coatue, and valued the company at $22 billion. The financing had been finalized roughly five months prior, on October. The source disclosed that the company could not immediately provide a comment on the latest report.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Seeking Alpha News",
        "title": "Kalshi plans fresh capital raise at $65B valuation - report",
        "url": "https://urgent.news/2026/11/12/kalshi-plans-fresh-capital-raise-at-65b-valuation-report",
        "published": "2026-11-12T20:44:59.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}