Featured · Money
Sequoia Marks Kalshi at $40 Billion While Cboe Sells the Same Trade Through the SEC
Kalshi is reportedly near a $1 billion round at a $40 billion valuation, eight times its October 2025 mark and four days after a federal appeals court let two states treat its sports contracts as gambling. The same week, Cboe and Robinhood moved the same trade inside the SEC's perimeter.
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