Kalshi Chases $65 Billion Valuation Ahead of Potential IPO: Bloomberg
Citing people familiar with the matter, a report indicates that Kalshi is in talks to continue to raise capital even after closing a financing round last month. New investors would be putting capital behind Kalshi at a $65 billion valuation. Kalshi in Talks to Raise Capital at $65 Billion Valuation Prediction market…
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Initial public offering
The first sale of a private company's shares to the public, after which the shares trade on a stock exchange.
An IPO raises money for the company and lets early owners and investors sell part of their stake.
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