Kalshi Completes $1 Billion Series G Funding, Led by Sequoia Capital and Wellington Management

Kalshi co-founder and CEO Tarek Mansour announced that Kalshi has completed a $1 billion Series G funding round, led by Sequoia Capital and Wellington Management. Other investors participating in the round include Baillie Gifford, Morgan Stanley Investment Management, Coatue Management, and Andreessen Horowitz, at a valuation of $40 billion. (The New York Times)