Kalshi is reportedly seeking fresh funding at a valuation of around $40 billion, a striking figure that shows how quickly prediction markets have moved from niche trading venues to one of the most closely watched corners of financial technology. TL;DR Kalshi is reportedly in talks to raise capital at a valuation of about $40 billion.…
Tag: funding
Trace Finance Raises $32M To Expand Stablecoin Settlement Rails
Trace Finance announced a $32 million Series A led by CoinFund, positioning the raise around regulated banking and stablecoin settlement infrastructure across Brazil, the US and emerging markets. TL;DR Trace Finance raised $32 million in a Series A led by CoinFund. The company is building regulated infrastructure that connects local bank rails with stablecoin settlement.…