TIGER GLOBAL, DRAGONEER IN TALKS TO INVEST IN KALSHI'S NEW $1 BILLION FUNDRAISE

Summary from the TLDR Fintech newsletter

The proposed round could value the prediction-market exchange at about $40 billion, up from $22 billion in May, though the financing has not closed. Kalshi is looking beyond event contracts toward a wider trading platform, putting it closer to established exchanges as scrutiny of prediction markets grows.