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Kalshi Seeks $40B Valuation Weeks After $1B Raise: FT

As reported by Decrypt
The prediction market seeks a valuation near double the $22 billion it hit last month, as a federal-state fight over regulation escalates.
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Kalshi, the prediction market platform, is reportedly seeking a $40 billion valuation, nearly double its $22 billion valuation from just last month. This aggressive move comes shortly after a $1 billion funding round, amidst an escalating federal-state regulatory battle…

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