PANews|Aug 12, 2026 01:24
[Kalshi's Annualized Revenue in July Surpasses $4 Billion, Doubling in Two Months]
According to Sina Finance, sources revealed that driven by betting activities related to the World Cup, the U.S. prediction trading platform Kalshi achieved an annualized revenue exceeding $4 billion in July this year, doubling from over $2 billion two months ago. This revenue growth is expected to significantly boost the valuation of the prediction platform once again. Kalshi is currently in deep negotiations for a new round of financing, targeting a post-money valuation of $40 billion, nearly double the valuation announced during its May funding round. However, there is a potential variable: Kalshi has invested heavily in marketing expenses to compete for betting users, and additional tax expenditures may arise in its core market.
Earlier reports indicated that Kalshi is exploring a new round of financing with a target valuation of $40 billion, which could be completed as early as the third quarter. A Kalshi spokesperson declined to comment on the matter.
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