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

- Source: Cointelegraph.com News
- Published: 2026-10-29T15:52:43+00:00
- Category: Markets
- Original: https://cointelegraph.com/news/kalshi-closes-1b-funding-round-at-40b-valuation-as-non-sports-revenue-run-rate-tops-1b?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
- Canonical: https://groundlevelnews.com/story/kalshi-raises-1b-at-40b-valuation-as-non-sports-revenue-run-rate-tops--69eaf8/

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.

_Ground Level News shows a short summary only; the full article and all rights belong to Cointelegraph.com News._