Kalshi completes $1 billion Series G funding round led by Sequoia Capital and Wellington Management

On October 29, according to The New York Times, Kalshi co-founder and CEO Tarek Mansour stated that Kalshi completed a $1 billion Series G funding round led by Sequoia Capital and Wellington Management. Other investors participating in this round include Baillie Gifford, Morgan Stanley Investment Management, Coatue Management, and Andreessen Horowitz, valuing the company at $40 billion.