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Kalshi raises $1B at $40B valuation as non-sports revenue… · Nvdium

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Kalshi raises $1B at $40B valuation as non-sports revenue run rate tops $1B

CCointelegraph by Nate Kostar·CointelegraphPublished Oct 29, 2026, 11:59 PM

Kalshi raises $1B at $40B valuation as non-sports revenue run rate tops $1B cover image

What happened

The funding round comes as Kalshi expands its partnerships with the NBA and S&P Dow Jones Indices while facing legal challenges over its sports contracts.

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