Sequoia, Tiger Global Circle Kalshi in Fresh $1B Funding Talks: Report

Crypto Insight Summary: Prediction-market operator Kalshi is reportedly negotiating a fresh $1 billion funding round at a $40 billion valuation, an eightfold increase from its $5 billion valuation in October 2025. Reuters reported on Tuesday that Sequoia Capital and Wellington Management are discussing leading the investment, with Tiger Global and Dragoneer also participating in talks. The potential deal […] Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Short-term (1-3 days) Reasoning: Prediction market platforms have limited correlation with crypto market trends.