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

Cointelegraph · Thu, 29 Oct 2026 15:52:43 GMT

Read the full story at Cointelegraph ↗

OmniFin Portal's take

Excerpt from Cointelegraph: “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.”

Rule-based headline sentiment: Neutral

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