Kalshi's annual revenue exceeds 4 billion dollars and is seeking to raise funds at a valuation of 40 billion dollars

According to ChianCatcher news, reported by The Information journalist Yueqi Yang, the annual revenue of the prediction market platform Kalshi has exceeded $4 billion, doubling from two months ago, and is currently seeking to raise a new round of financing at a valuation of $40 billion, a significant increase of 82% from its valuation of $22 billion during the Series F financing in May.

In addition, the company has recently invested heavily in marketing, with reports indicating that Kalshi's operating expenses in June reached $300 million, mainly related to marketing promotions.