Kalshi is reportedly in advanced discussions with Sequoia Capital and Wellington Management to raise at least $750 million at a $40 billion valuation as the prediction-market platform considers a potential 2027 IPO.
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Kalshi discusses raising at least $750 million at a $40 billion valuation
Kalshi
IPO UpcomingPre-IPO
IPO Upcoming / Pre-IPOUnited StatesCrypto1 market
Jupiter PreStocksTokenized equity
PreLWGkkeqG1s4HEfFZSy9moCrJ7btsHuUtfcCeoRuaPrice
$897.63
24h
-1.32%
Valuation
—
24h volume
$246.02K
Type
Tokenized equity
Jupiter PreStocks · updated 43s ago
About Kalshi
Kalshi is a financial exchange for event contracts, allowing users to trade regulated markets tied to real-world economic, political, weather, cultural, and business outcomes.
What the company does
- Lists yes-or-no event contracts where prices express the market-implied probability of an outcome.
- Uses an exchange model with order books, clearing, and market rules designed for standardized event trading.
- Serves users who want probability-based exposure to measurable events rather than traditional stocks, bonds, or crypto assets.
Business profile
Kalshi operates in the prediction-market and event-contract category, where liquidity, market design, regulatory structure, and transparent settlement rules are core parts of the product.
Latest Kalshi IPO news
Recent sourced articles classified for IPO relevance, with platform-access noise filtered out where possible.
Aug 13, 2026IPO filing
Kalshi IPO — frequently asked questions
- When is Kalshi's IPO?
- Kalshi has not announced an official IPO date yet — it is still privately held. We update this page as soon as an IPO date, filing or price range is reported.
- What is Kalshi's expected IPO price?
- Kalshi's IPO price has not been set yet. The price range is usually disclosed in the final prospectus, shortly before the company lists.
- How can I get pre-IPO exposure to Kalshi?
- Kalshi is still private, but we track live pre-IPO markets for it from Jupiter PreStocks tokenized pre-IPO markets — including implied valuation and 24h volume shown above.